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International Economics: Theory and Policy Paperback – 1 Jul 2005


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Trade In Promotion



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From the Back Cover

International Economics captures the vitality of modern international trade and finance. A classic book by world-renowned authors, the Seventh Edition is comprehensively revised and updated in a new, full-color format.  Each half of the book contains a core of theory chapters followed by chapters applying the theory to major policy questions of the past and present. 
  • Core theory chapters, followed by chapters that apply theory to major policy questions.
  • Integrated treatment and empirical evidence of the latest models of trade, including the Gravity, Ricardian, specific factors, factor endowments, and imperfect competition models.
  • Thorough discussion of the causes and effects of trade policy, focusing on the income-distribution effects of trade.
  • Clear presentation of a unified model of open-economy macroeconomics based on an asset-market approach to exchange rate determination with a central role for expectations.

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