A Guide to International Economics provides a concise and rigorous approach to the understanding of international trade and finance without relying on mathematical models or graphs

Table of Contents

• Preface
• Acknowledgments
• Introduction
• Part I: International Trade Theory
• Preface
• Chapter 1. The Basics of a Market: Supply and Demand and Equilibrium
• Chapter 2. The Basis for Trade: Absolute Advantage and Comparative Advantage
• Chapter 3. New Trade Theories: Economies of Scale, Product Differentiation, and Intra-industry Trade
• Part II: International Trade Policy
• Chapter 4. Trade Policy Instruments: Tariffs, Quotas, Subsidies
• Chapter 5. Arguments for Protection and the Political Economy of Trade Policy
• Chapter 6. The World Trade Organization, International Trade Relations and Issues
• Part III: International Finance
• Chapter 7. An Introduction to Open Economy Macroeconomics and the Balance of Payments
• Chapter 8. The Foreign Exchange Market
• Chapter 9. The Determination of the Exchange Rate
• Part IV: Macroeconomic Policies in an Open Economy
• Chapter 10. Aggregate Demand, Aggregate Supply, Output, and Exchange Rates
• Chapter 11. A Brief History of International Monetary Systems
• Chapter 12. International Banking and International Capital Markets
• Chapter 13. Epilogue
• References
• About the Author