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Husted and Melvin's International Economics provides a compact, accessible treatment of international economics that includes the most recent policy controversies in an issues-oriented analytical framework. Intuition and application of theory is stressed consistently, rather than memorization of competing theories and technical analysis.
Table of Contents
An Introduction to International Trade
Tools of Analysis for International Trade Models
The Classical Model of International Trade
The Heckscher-Ohlin Model
Tests of Trade Models: The Leontief Paradox and Its Aftermath
Nontariff Barriers and Arguments for Protection
Commercial Policy: History and Practice
Preferential Trade Arrangements
International Trade and Economic Growth
An Introduction to International Finance
The Balance of Payments
The Foreign-Exchange Market
Prices and Exchange Rates: Purchasing Power Parity
Exchange Rates, Interest Rates, and Interest Parity
Foreign-Exchange Risk, Forecasting, and International Investment
Basic Theories of the Balance of Payments
Exchange Rate Theories
Alternative International Monetary Standards
International Banking, Debt, and Risk
Open-Economy Macroeconomic Policy and Adjustment
Table of Contents provided by Publisher. All Rights Reserved.