International economics

he Basic Geometry of Comparative Advantage and the Gains from Trade - The Classical Model and the Specific Factors Model - The Heckscher-Ohlin Model - Technology Difference Models - The Gains from Inter-Industry Trade, the Distribution of Income and Adjustment - Empirical Testing of Theories of Inter-Industry Trade - Factor Accumulation and Technological Progress in Inter-Industry Trade - Intra-Industry Trade - Empirical Work in Intra-Industry Trade - The Partial Equilibrium Analysis of Trade Policy - The General Equilibrium Analysis of Trade Policy - Trade Policy and Distortions in Domestic Markets - Trade Policy and Imperfect Competition - Further Topics in Trade Theory and Policy - The Political Economy of Protection - The Theory of Customs Unions - The General Agreement on Tariffs and Trade - Trade Policy and the Less-Developed Countries - Import-Substitution Versus Export-Promotion - Empirical Studies in Trade Policy - International Factor Movements - Direct Investment and the Multinational Enterprise - The Balance of Payments - The Market for Foreign Exchange - Foreign Trade and National Income - The Capital Account - The Determination of a Floating Exchange Rate - Macroeconomic Policy with Floating Exchange Rates - Macroeconomic Policy with Fixed and Pegged Exchange Rates - Two Debates:Exchange Rate Systems and Policy Co-ordination - The International Monetary System

This revised edition of this text contains comprehensive treatment of the theoretical and practical aspects of the subject applied to both developed and less-developed countries. It has been substantially re-written and updated to incorporate new methods of analysis and recent empirical work.