International Economics

Appleyard, Dennis R.

International Economics - 4th ed. - Boston, Mass. [u.a.] : McGraw-Hill/Irwin, 2001. - xxvi, 752 Pages : graph. Darst ;

Includes index

The world of international economics; early trade theories; the classical world of David Ricardo and comparative advantage; extensions and tests of the classical model of trade; introduction to neoclassical trade theory; gains from trade in neoclassical theory; offer curves and the terms of trade; the basis for trade; empirical tests of the factor endowments approach; post Heckscher-Ohlin theories of trade and intra-industry trade; economic growth and international trade; international factor movements; the instruments of trade policy; the impact of trade policies; traditional arguments for protectionism; strategic approaches to trade policy intervention; political economy and recent US trade policy; economic integration; international trade and the developing countries; the balance of payments accounts; the foreign exchange market; international financial markets and instruments; the monetary and portfolio balance approaches to external balance; price adjustments and balance of payments disequilibrium; national income and the current account; economic policy in the open economy - fixed exchange rates; economic policy in the open economy - flexible exchange rates; prices and output in the open economy - aggregate supply and demand; fixed or flexible exchange rates?; the international monetary system.

This fourth edition has been simplified in its presentation, particularly with regard to Dornbusch-Fischer-Samuelson model, Krugman trade model, and empirical work on the monetary and portfolio approaches to external balance, to help with learning important concepts in international economics.

9780072315141 0072315148 9780071181013 0071181016

International trad
International economic relations.
International finance.

337 / APP

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