International Trade Theory and Policy

by Krugman, Paul R.; Obstfeld, Maurice; Melitz, Marc

• ISBN13: 9780133423679
• ISBN10: 0133423670
• Edition: 10th
• Format: Paperback
• Copyright: 2014-01-13
• Publisher: Pearson

Summary

For courses in International Trade

A balanced approach to theory and policy applications

International Trade: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the discipline. An intuitive introduction to international trade theory is followed by detailed coverage of policy applications. With this new tenth edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University continues to set the standard for International Trade courses.

This program provides a better teaching and learning experience–for you and your students. It will help you to:

• Personalize learning with MyEconLab: This online homework, tutorial, and assessment program fosters learning and provides tools that help instructors to keep students on track.
• Reveal theory and applications of international trade: Balanced coverage of theory and applications aids student retention and highlights the relevance of course material.
• Give students learning tools to master course material: Numerous in-text learning resources engage students and encourage further exploration of course topics.
• Provide the most updated coverage: Thoroughly updated content ensures that students are up to date on key issues.

Note: If you are purchasing the standalone text or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab please visit www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching for 0133827046 / 9780133827040. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.

Table of Contents

1. Introduction
2. World Trade: An Overview
3. Labor Productivity and Comparative Advantage: The Ricardian Model
4. Specific Factors and Income Distribution
5. Resources and Trade: The Heckscher-Ohlin Model
6. The Standard Trade Model
7. External Economies of Scale and the International Location of Production
8. Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises
9. The Instruments of Trade Policy
10. The Political Economy of Trade Policy
11. Trade Policy in Developing Countries
12. Controversies in Trade Policy