International Economics: Theory and Policy

Part 1: International Trade Theory -- 2. World Trade: An Overview -- 3. Labor Productivity And Comparative Advantage: The Ricardian Model -- 4. Resources, Comparative Advantage, And Income Distribution -- 5. The Standard Trade Model -- 6. Economies Of Scale, Imperfect Competition, And International Trade -- 7. International Factor Movements -- Part 2: International Trade Policy -- 8. The Instruments Of Trade Policy -- 9. The Political Economy Of Trade Policy -- 10. Trade Policy In Developing Countries -- 11. Controversies In Trade Policy Part 3: Exchange Rates And Open-economy Macroeconomics -- 12. National Income Accounting And The Balance Of Payments -- 13. Exchange Rates And The Foreign Exchange Market: An Asset Approach -- 14. Money, Interest Rates, And Exchange Rates -- 15. Price Levels And The Exchange Rate In The Long Run -- 16. Output And The Exchange Rate In The Short Run -- 17. Fixed Exchange Rates And Foreign Exchange Intervention -- Part 4: International Macroeconomic Policy -- 18. The International Monetary System, 1870/1973 -- 19. Macroeconomic Policy And Coordination Under Floating Exchange Rates -- 20. Optimum Currency Areas And The European Experience -- 21. The Global Capital Market: Performance And Policy Problems -- 22. Developing Countries: Growth, Crisis, And Reform -- Mathematical Postscripts Paul R. Krugman, Maurice Obstfeld. Maps On Liner Pages. Includes Bibliographical References And Index.