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International Economics
Fourth Edition©2017 Robert C. Feenstra; Alan M. Taylor
Table of Contents
PART 1 Introduction to International Trade
Chapter 1 Trade in the Global Economy
PART 2 Patterns of International Trade
Chapter 2 Trade and Technology: The Ricardian Model
Chapter 3 Gains and Losses from Trade in the Specific-Factors Model
Chapter 4 Trade and Resources: The Heckscher-Ohlin Model
Chapter 5 Movement of Labor and Capital between Countries
PART 3 New Explanations for International Trade
Chapter 6 Increasing Returns to Scale and Monopolistic Competition
Chapter 7 Offshoring of Goods and Services
PART 4 International Trade Policies
Chapter 8 Import Tariffs and Quotas under Perfect Competition
Chapter 9 Import Tariffs and Quotas under Imperfect Competition
Chapter 10 Export Subsidies in Agriculture and High-Technology Industries
Chapter 11 International Agreements: Trade, Labor, and the Environment
PART 5 Introduction to International Macroeconomics
Chapter 12 The Global Macroeconomy
PART 6 Exchange Rates
Chapter 13 Introduction to Exchange Rates and the Foreign Exchange Market
Chapter 14 Exchange Rates I: The Monetary Approach in the Long Run
Chapter 15 Exchange Rates II: The Asset Approach in the Short Run
PART 7 The Balance of Payments
Chapter 16 National and International Accounts: Income, Wealth, and the Balance of Payments
Chapter 17 Balance of Payments I: The Gains from Financial Globalization
Chapter 18 Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
PART 8 Applications and Policy Issues
Chapter 19 Fixed versus Floating: International Monetary Experience
Chapter 20 Exchange Rate Crises: How Pegs Work and How They Break
Chapter 21 The Euro
[web only – Chapter 22 Topics in international Macroeconomics]
Robert C. Feenstra
Robert C. Feenstra is Professor of Economics at the University of California, Davis. He received his B.A. in 1977 from the University of British Columbia, Canada, and his Ph.D. in economics from MIT in 1981. Feenstra has been teaching international trade at the undergraduate and graduate levels at UC Davis since 1986, where he holds the C. Bryan Cameron Distinguished Chair in International Economics. Feenstra is a research associate of the National Bureau of Economic Research, where he directs the International Trade and Investment research program. He is the author of Offshoring in the Global Economy and Product Variety and the Gains from Trade (MIT Press, 2010). Feenstra received the Bernhard Harms Prize from the Institute for World Economics, Kiel, Germany, in 2006, and delivered the Ohlin Lectures at the Stockholm School of Economics in 2008. He lives in Davis, California, with his wife Gail, and has two grown children: Heather, who is a genetic counselor; and Evan, who recently graduated from Pitzer College.
Alan M. Taylor
Alan M. Taylor is Professor of Economics at the University of California, Davis. He received his B.A. in 1987 from King’s College, Cambridge, U.K and earned his Ph.D. in economics from Harvard University in 1992. Taylor has been teaching international macroeconomics, growth, and economic history at UC Davis since 1999, where he directs the Center for the Evolution of the Global Economy. He is also a research associate of the National Bureau of Economic Research and coauthor (with Maurice Obstfeld) of Capital Markets: Integration, Crisis and Growth (Cambridge University Press, 2004). Taylor was awarded a Guggenheim Fellowship in 2004 and was a visiting professor at the American University in Paris and London Business School in 2005–06. He lives in Davis, with his wife Claire, and has two young children, Olivia and Sebastian.
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