Renowned for its precise, in-depth coverage of international trade and finance, this classic text features a balance of the latest research, critical policy issues, and sophisticated economic analysis. The authors integrate the empirical studies thoroughly, giving students a richer understanding of how the existing economic models relate to the real world.
Part 1 Comparative Advantage and the Basic Model of International Trade
Part 2 Globalization: Trade Patterns and Income Distribution
Part 3 The Theory and Practice of Commercial Policy
Part 4 Money, Income, and the Balance of Payments
Part 5 International Financial Markets and their Macroeconomic Implications
Part 6 The Determination of Exchange Rates in International Asset Markets
Part 7 Supplements for Selected Chapters