International Economics: Global Markets and International Competition

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World Scientific, 2001 - Business & Economics - 475 pages
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This textbook describes and predicts production, trade and investment across countries. It describes the foundations of international trade and investment, including constant cost, neoclassical, and modern theories of production, industrial organization, and trade. The theory is presented using graphs and numerical examples. Many problems are offered. Over 200 boxed examples illustrate the theory. The text integrates issues of microeconomic trade with macroeconomic policy and finance. The emphasis is on the powerful forces of international markets and the limitations of government policy.
 

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Contents

International Markets
3
Trade with Constant Costs
38
Gains from Trade
75
FACTOR PROPORTIONS TRADE THEORY
91
Protection
111
Terms of Trade
140
Production and Trade
183
Industrial Organization and Trade
223
International Migration and Investment
263
Economic Integration
298
Balance of Payments
337
Foreign Exchange
366
International Financial Markets
405
Hints and Partial Answers to EvenNumbered Problems
447
Name Index
465
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