International Economics

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