CONTENTS IN BRIEFCHAPTER 1
CHAPTER 2
The World of International Economics 3
CHAPTER 3
CHAPTER 4
CHAPTER 5
CHAPTER 6
CHAPTER 7
CHAPTER 8
CHAPTER 9
CHAPTER 10
CHAPTER 11
CHAPTER 12
CHAPTER 13
CHAPTER 14
CHAPTER 15
CHAPTER 16
CHAPTER 17
PART ⅠTHE CLASSICAL THEORY OF TRADE 17
CHAPTER 18
CHAPTER 19
Early Trade Theories: Mercantilism and theTransition to the Classical World ofDavid Ricardo, 19
CHAPTER 20
CHAPTER 21
CHAPTER 22
CHAPTER 23
CHAPTER 24
CHAPTER 25
CHAPTER 26
CHAPTER 27
CHAPTER 28
CHAPTER 29
The Classical World of David Ricardo andComparative Advantage 29
CHAPTER 30
Extensions and Tests of the Classical Modelof Trade 43
PART ⅡNEOCLASSICAL TRADE THEORY 61
Introduction to Neoclassical Trade Theory:Tools to Be Employed 63
Gains from Trade in Neoclassical Theory, 87
Offer Curves and the Terms of Trade, 103
The Basis for Trade: Factor Endowments and theHeckscher-Ohlin Model, 127
Empirical Tests of the FactorEndowments Approach, 155
PART ⅢALTERNATIVE THEORIESAND EXTENSIONS 173
Post-Heckscher-Ohlin Theories of Trade andIntra-Industry Trade, 175
Economic Growth and International Trade, 203
International Factor Movements, 225
PART ⅣTRADE POLICY 247
The Instruments of Trade Policy, 249
The Impact of Trade Policies, 267
Traditional Arguments for Protection, 299
Strategic Approaches to Trade PolicyIntervention, 315
Political Economy and Recent U.S.Trade Policy, 331
Economic Integration, 353
International Trade and theDeveloping Countries, 377
PART ⅤFUNDAMENTALS OF INTERNATIONALMONETARY ECONOMICS 401
The Balance-of-Payments Accounts, 403
The Foreign Exchange Market, 425
International Financial Markets and Instruments:An Introduction, 453
The Monetary and Portfolio Balance Approachesto External Balance, 491
Price Adjustments and Balance-of-PaymentsDisequilibrium, 523
National Income and the Current Account, 547
PART ⅥMACROECONOMIC POLICY IN THEOPEN ECONOMY 575
Economic Policy in the Open Economy:Fixed Exchange Rates, 577
Economic Policy in the Open Economy:Flexible Exchange Rates, 603
Prices and Output in the Open Economy:Aggregate Supply and Demand 621
PART ⅦISSUES IN WORLD MONETARYARRANGEMENTS 647
Fixed or Flexible Exchange Rates?, 649
The International Monetary System:Past,Present,andFuture, 671