International Economics: Theory And Context

Description: International Economics is a highly accessible and non-mathematical textbook. Its level can be classified as low to mid-level. Features include strong policy orientction; up-to-date theoretical coverage; and an assumption of only a principles level background. Contents: The economics of trade; the theory of comparative advantage; the sources of comparative advantage; tariffs, quotas and VERs; other distortions to trade; the political economy of trade barriers; unfair trade practices; strategic trade policy; economic integration; saving, investment and the trade balance; the balance of payments; income, price levels and trade imbalances; the foreign exchange market, exchange rates and the money supply; interest rates, trade imbalances and capital flows; international financial markets; exchange rate adjustment; international economic policy I; international economic policy II; foreign direct investment and multinational firms.