International Economics

Chapter 1: Introduction.PART ONE: INTERNATIONAL TRADE THEORY.Chapter 2: The Law of Comparative Advantage.Chapter 3: The Standard Theory of International Trade.Chapter 4: Demand and Supply, Offer Curves, and the Terms of Trade.Chapter 5: Factor Endowments and the Heckscher-Ohlin Theory.Chapter 6: Economies of Scale, Imperfect Competition, and International Trade.Chapter 7: Economic Growth and International Trade.PART TWO: INTERNATIONAL TRADE POLICY.Chapter 8: Trade Restrictions: Tariffs.Chapter 9: Nontariff Trade Barriers and the New Protectionism.Chapter 10: Economic Integration: Customs Unions and Free Trade Areas.Chapter 11: International Trade and Economic Development.Chapter 12: International Resource Movements and Multinational Corporations.PART THREE: THE BALANCE OF PAYMENTS, FOREIGN EXCHANGE MARKETS, AND EXCHANGE RATES.Chapter 13: Balance of Payments.Chapter 14: Foreign Exchange Markets and Exchange Rates.Chapter 15: Exchange Rate Determination.PART FOUR: OPEN-ECONOMY MACROECONOMICS AND THE INTERNATIONAL MONETARY SYSTEM.Chapter 16: The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates.Chapter 17: The Income Adjustment Mechanism and Synthesis of Automatic Adjustments.Chapter 18: Open-Economy Macroeconomics: Adjustment Policies.Chapter 19: Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply.Chapter 20: Flexible versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination.Chapter 21: The International Monetary System: Past, Present, and Future.Glossary of Key Terms.Name Index.Subject Index.