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ISBN:9781319343958
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Available for the first time with Macmillans new online learning tool, Achieve, the 5th edition of Feenstra and Taylor’s International Economics provides you with engaging, balanced coverage and applications of key concepts (including President Trump’s recent tariffs on China).
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Learn MoreTable of Contents
PART 1 INTRODUCTION TO INTERNATIONAL TRADE
1. Trade in the Global Economy
PART 2 PATTERNS OF INTERNATIONAL TRADE
2. Trade and Technology: The Ricardian Model
3. Gains and Losses from Trade in the Specific-Factors Model
4. Trade and Resources: The Heckscher—Ohlin Model
5. Movement of Labor and Capital Between Countries
PART 3 NEW EXPLANATIONS FOR INTERNATIONAL TRADE
6. Increasing Returns to Scale and Monopolistic Competition
7. Offshoring of Goods and Services
PART 4 INTERNATIONAL TRADE POLICIES
8. Import Tariffs and Quotas Under Perfect Competition
9. Import Tariffs and Quotas Under Imperfect Competition
10. Export Policies in Resource-Based and High-Technology Industries
11. International Agreements on Trade and the Environment
PART 5 INTRODUCTION TO INTERNATIONAL MACROECONOMICS
12. The Global Macroeconomy
PART 6 EXCHANGE RATES
13. Introduction to Exchange Rates and the Foreign Exchange Market
14. Exchange Rates I: The Monetary Approach in the Long Run
15. Exchange Rates II: The Asset Approach in the Short Run
PART 7 THE BALANCE OF PAYMENTS
16. National and International Accounts: Income, Wealth, and the Balance of Payments
17. Balance of Payments I: The Gains from Financial Globalization
18. Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
PART 8 APPLICATIONS AND POLICY ISSUES
19. Fixed Versus Floating: International Monetary Experience
20. Exchange Rate Crises: How Pegs Work and How They Break
21. The Euro: Economics and Politics
22. (online only) Topics in International Macroeconomics