International economics /

Pugel, Thomas A.

International economics / Thomas A. Pugel, Peter H. Lindert. - 11th ed. - Boston : McGraw-Hill, c2000. - xxiii, 709 p. : ill. (some col.) ; 24 cm.

Lindert's name appeared first on earlier ed.

Nternational economics is different. Part 1 The theory of international trade: the basic theory of international trade --
demand and supply; why everybody trades --
comparative advantage and factor proportions; who gains and who loses from trade? growth and trade; alternative theories of trade. Part 2 Trade policy: the basic analysis of a tariff; non-tariff barriers to imports; arguments for and against protection; pushing exports; trade blocs and trade blocks; trade and the environment; trade policies for developing and transition countries; the political economy of trade and agriculture. Part 3 Understanding foreign exchange: payments among nations; the foreign exchange market; forward exchange; what determines exchange rates in the long run? what determines exchange rates in the short run? government policies toward the foreign exchange market. Part 4 Macro policies for open economics: how does the open macroeconomy work? internal and external balance with fixed exchange rates; floating exchange rates and internal balance; national and global choices -floating rates and the alternatives. Part 5 factor movements: the international movement of labour; international lending and financial crises; direct foreign investment and the multinationals. Appendices: where the international numbers are; deriving production possibilities curves; offer curve; the nationally optimal tariff; the monopoly effect of a quota; many parities at once; devaluation and the trade balance.

0072903872 (alk. paper) 9780072903874


International economic relations.
Commercial policy.
Foreign exchange.

HF1411 / .L536
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