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International Economics

ISBN-10: 0136054692
ISBN-13: 9780136054696
Edition: 3rd 2009
List price: $216.40
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Description: This updated easy-to-read book emphasizeshow to usebasic economic theory andwhere to applyit to international economic issues. It empowers readers to understand the international economics they will encounter in business publications such as theWall  More...

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Book details

List price: $216.40
Edition: 3rd
Copyright year: 2009
Publisher: Prentice Hall PTR
Publication date: 5/13/2008
Binding: Hardcover
Pages: 576
Size: 7.50" wide x 9.25" long x 1.00" tall
Weight: 2.596
Language: English

This updated easy-to-read book emphasizeshow to usebasic economic theory andwhere to applyit to international economic issues. It empowers readers to understand the international economics they will encounter in business publications such as theWall Street Journal,and to use international economics to make business decisions.The first half of the book covers international trade, factor movements, and trade and economic development; the final ten chapters on international finance can be divided into at least three parts: national income accounting and exchange rate determination; purchasing power parity and the real exchange rate; and open economy macroeconomics.A useful reference for government officials dealing with international trade and finance issues, and for private citizens who want to learn more about the effect of international economics on business in the 21 st century.

About the Authors
Preface
Introduction: An Overview of the World Economy
Why Countries Trade
Comparative Advantage and the Production Possibilities Frontier
Factor Endowments and The Commodity Composition of Trade
Intraindustry Trade
International Factor Movements
Tariffs
NonTariff Distortions to Trade
International Trade Policy
Regional Economic Arrangements
International Trade and Economic Growth
National Income Accounting and the Balance of Payments
International Transactions and Financial Markets
Exchange Rates and Their Determination: A Basic Model
Money, Interest Rates, and The Exchange Rate
Price Levels and the Exchange Rate in the Long Run
Output and the Exchange Rate in the Short Run
Macroeconomic Policy and Floating Exchange Rates
Fixed Exchange Rates and Currency Unions
International Monetary Arrangements
Capital Flows and the Developing Countries
Appendix
Glossary
Index

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