Schaum's Outline of International Economics

by Salvatore, Dominick

• ISBN13: 9780070549500
• ISBN10: 0070549508
• Edition: 4th
• Format: Paperback
• Copyright: 1995-10-22
• Publisher: McGraw-Hill Education

Summary

Outstanding for its easy-to-understand explanations of international economics, this guide covers all course fundamentals and supplements any class text. It takes students through the solution of hundreds of problems dealing with demand and supply in trade, the foreign exchange markets, flexible and fixed exchange rates and much more. Also includes practice midterm and final exams.

Table of Contents

Introduction	p. 1
International Trade Theory	p. 19
The Law of Comparative Advantage	p. 21
The Standard Theory of International Trade	p. 50
Demand and Supply, Offer Curves, and the Terms of Trade	p. 80
Factor Endowments and the Heckscher-Ohlin Theory	p. 106
Economies of Scale, Imperfect Competition, and International Trade	p. 151
Economic Growth and International Trade	p. 178
International Trade Policy	p. 211
Trade Restrictions: Tariffs	p. 213
Nontariff Trade Barriers and the New Protectionism	p. 251
Economic Integration: Customs Unions and Free Trade Areas	p. 291
International Trade and Economic Development	p. 317
International Resource Movements and Multinational Corporations	p. 351
Foreign Exchange Markets, Exchange Rates, and the Balance of Payments	p. 379
Foreign Exchange Markets and Exchange Rates	p. 381
Balance of Payments	p. 425
Open Economy Macroeconomics: Adjustment in the Balance of Payments and Domestic Stability	p. 453
Price Adjustment Mechanisms Under a Flexible and a Fixed Exchange Rate System	p. 455
Income Adjustment Mechanism and Synthesis of Automatic Adjustments	p. 494
Open Economy Macroeconomics: Adjustment Policies	p. 528
The Monetary and Portfolio Balance Approaches	p. 569
Flexible versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination	p. 604
The International Monetary System: Past and Present	p. 637
Answer to Selected Problems	p. 679
Glossary of Key Terms	p. 691
Name Index	p. I-1
Subject Index	p. I-5
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