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International Economics

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ISBN-10: 0716792834

ISBN-13: 9780716792833

Edition: 2008

Authors: Robert C. Feenstra, Alan M. Taylor

List price: $209.99
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Description:

Combining classic international economics with straight-from-the-headlines immediacy, Feenstra and Taylor’s text seamlessly integrates the subject’s established core content with new topic areas and new ideas that have emerged from recent empirical studies.nbsp; Like no other textbook it brings cutting-edge theory, evidence, and policy analysis to the field of international economics. nbsp; International Economicsis available as a complete textbook or in two split volumes:International TradeandInternational Macroeconomics.
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Book details

List price: $209.99
Copyright year: 2008
Publisher: Worth Publishers, Incorporated
Publication date: 12/28/2007
Binding: Hardcover
Pages: 1056
Size: 8.23" wide x 10.31" long x 1.43" tall
Weight: 4.4
Language: English

Robert C. Feenstra is professor in the Department of Economics at the University of California, Davis, where he also holds the C. Bryan Cameron Distinguished Chair in International Economics. He is director of the International Trade and Investment Program of the NBER.

Alan M. Taylor is Professor of Economics, University of California, Davis.

Note:Every chapter has the following end-of-Chapter materials
Summary, Key Terms, Exercises
Introduction to International Trade
Trade in the Global Economy
International Trade
The Basics of World Trade
Map of World Trade Trade
Compared to GDP Barriers to Trade
Migration and Foreign
Direct Investment Map of Migration
Map of Foreign Direct Investment
Conclusions
Patterns of International Trade
Trade and Technology: The Ricardian Model
Reasons for Trade
Ricardian Model
The Home Country
The Foreign Country Application:Comparative
Advantage in Apparel, Textiles, and Wheat
Determining the Pattern of International Trade International
Trade Equilibrium Solving for Wages Across Countries
Application:Labor Productivity and Wages
Solving for International Prices
Home Export Supply Curve Foreign
Import Demand Curve International
Trade Equilibrium Application:The Terms of Trade for Primary Commodities
Conclusions
Gains and Losses from Trade in the Specific-Factors Model
The Specific-Factors Model
The Home Country
The Foreign Country Overall Gains from Trade Application:How Large are the Gains from Trade?
Earnings of Labor Determination of Wages Change in Relative
Price of Manufactures Application:Manufacturing and Services in the U.S.: Employment and Wages across Sectors
Application:Trade Adjustment
Assistance Programs: Financing the Adjustment
Costs of Trade
Earnings of Capital and Land
Determining the Payments to Capital and Land Numerical Example
What It All Means Application:Prices in Agriculture
Conclusions
Trade and Resources: The Heckscher-Ohlin Model
Heckscher-Ohlin Model Assumptions of the Heckscher-Ohlin Model
Application:Are Factor Intensities the Same Across Countries? No Trade Equilibrium
Free Trade Equilibrium Testing the Heckscher-Ohlin
Theorem: Leontief’s Paradox
Effect of Trade on Factor Prices
Effect of Trade on the Wage and Rental
Determination of the Real Wage and Real Rental
Changes in the Real Wage and Rental: Numerical Example
Application:Opinions Toward Free Trade
Comparing the Wage and Rental Across Countries
Extending the Heckscher-Ohlin Model Many Goods, Factors and Countries Differing Productivities Across Countries Extending the Heckscher-Ohlin
Theorem Application:Why Did India Import Cotton Textiles?
Conclusions Appendix: The "Sign Test" in the Heckscher-Ohlin Model
Movement of Labor and Capital Between Countries
Movement of Labor Between Countries Effect of Immigration in the Short Run: the Specific Factors Model
Application:Immigration to the New World
Application:Immigration to the U.S. and Europe Today Other Effects of Immigration in the Short Run Effects of Immigration in the Long Run
Application:The Effects of the Mariel Boat Lift on Industry Output in Miami
Application:Immigration and U.S. Wages, 1990-2004
The Movement of Capital Between Countries: Foreign Direct Investment
Application:Acquisition Investment into the United States Greenfield Investment FDI
In the Short Run: the Specific Factors Model FDI
In the Long Run Application:The Effect of FDI on Rentals and Wages in Singapore
Gains from Labor and Capital Flows Gains from Immigration
Application:Gains from Migration Gains from Foreign Direct Investment
Conclusions
New Explanations for International Trade Chapter