International Economics: Theory and Policy, Volume 1 |
Contents
What Is International Economics About? | 3 |
Trade and Money | 9 |
Relative Prices and Supply | 15 |
Copyright | |
83 other sections not shown
Common terms and phrases
aggregate demand analysis balance of payments borrowing capital causes central bank Chapter consumers consumption cost country's current account debt default deficit depreciation DM deposits dollar/DM exchange rate domestic economists economy's effect employment equal equation equilibrium ES/DM Eurocurrency Eurodollar example exchange-rate expected export external balance factors factors of production fall Figure firms fixed exchange rates floating exchange rates foreign assets foreign-exchange market free trade German growth Home's increase industrial policy inflation interest parity condition international trade investment Japan LDCs loans long-run macroeconomic manufactures monetary policy money demand money supply national income nominal nontradables output percent price level price of cloth problem production possibility production possibility frontier purchase rate of return real exchange rate real money relative price relative supply reserves rise sector shift short-run shows subsidy surplus tariff terms of trade theory tion tradables trade policy transactions wage rate workers