My belief is that the best way to motivate students to learn a subject is to demonstrate how it is used in practice. The first nine editions of International Economics reflected this belief and were written to provide a serious presentation of international economic theory with an emphasis on corrent applications. Adopters of these editions strongly supported the integration of economic theory with current events.
This edition has been revised with an eye toward improving this presentation and updating the applications as well as toward including the latest theoretical developments. Like its predecessors, this edition is intended for use in a one-quarter or one-semester course for students who have no more background than principles of economics. This book's strengths are its clarity and organization and its applications, which demonstrate the usefulness of theory to students. The revised and updated material in this edition emphasizes current applications of economic theory and incorporates recent theoretical and policy developments in international trade and finance.
Chapter 1 The International Economy and Globalization
Chapter 2 Foundations of Modern Trade Theory: Comparative Advantage
Chapter 3 Scurces of Comparative Advantage
Chapter 4 Tariffs
Chapter 5 Nontariff Trade Barriers
Chapter 6 Trade Regulations and Industrial Policies
Chapter 7 Trade Policies for the Developing Nations
Chapter 8 Regional Trading Arrangements
Chapter 9 International Factor Movements and Multinational Enterprises
Chapter 10 The Balance of Payments
,etc.