International Economics, 9th Edition
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Appleyard and Field's International Economics provides a balanced treatment of international economics—international trade theory and policy and international monetary theory and policy. Comprehensive and clear, International Economics helps students move beyond recognition toward an understanding of current and future international events through real world examples featured throughout the text. New improvements covering the emerging issues in the global economy are designed to help readers both understand and appreciate the growing importance of the global economy in their lives.
The World of International Economics,
PART 1 THE CLASSICAL THEORY OF TRADE
Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo
The Classical World of David Ricardo and Comparative Advantage
Extensions and Tests of the Classical Model of Trade
PART 2 NEOCLASSICAL TRADE THEORY
Introduction to Neoclassical Trade Theory: Tools to Be Employed,
Gains from Trade in Neoclassical Theory
Offer Curves and the Terms of Trade
The Basis for Trade: Factor Endowments and the Heckscher-Ohlin Model
Empirical Tests of the Factor Endowments Approach
PART 3 ADDITIONAL THEORIES AND EXTENSIONS
Post–Heckscher-Ohlin Theories of Trade and Intra-Industry Trade
Economic Growth and International Trade
International Factor Movements
PART 4 TRADE POLICY
The Instruments of Trade Policy
The Impact of Trade Policies
Arguments for Interventionist Trade Policies
Political Economy and U.S. Trade Policy
International Trade and the Developing Countries
PART 5 FUNDAMENTALS OF INTERNATIONAL MONETARY ECONOMICS
The Balance-of-Payments Accounts
The Foreign Exchange Market
International Financial Markets and Instruments: An Introduction
The Monetary and Portfolio Balance Approaches to External Balance
Price Adjustments and Balance-of-Payments Disequilibrium
National Income and the Current Account
PART 6 MACROECONOMIC POLICY IN THE OPEN ECONOMY
Economic Policy in the Open Economy under Fixed Exchange Rates
Economic Policy in the Open Economy under Flexible Exchange Rates
Prices and Output in the Open Economy: Aggregate Supply and Demand
PART 7 ISSUES IN WORLD MONETARY ARRANGEMENTS
Fixed or Flexible Exchange Rates?
The International Monetary System: Past, Present, and Future
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