Includes index (743-766 p.)

Includes references (731-742 p.)

1 International Economics Is Different

13 The Basic Theory Using Demand and Supply

31 Why Everybody Trades: Comparative Advantage

47 Trade: Factor Availability and Factor Proportions are Key

66 Who Gains and who Loses From Trade

88 Scale Economics, Imperfect Competition. and Trade

117 Growth and Trade

137 Analysis of a Tarif

160 Nontariff Barriers to Imports

192 Arguments for and Against Protection

222 Pushing Exports

252 Trade Block and Trade Blocks

275 Trade and the Environment

309 Trade Policies for Developing Counties

334 Multinationals and migration: International Factor Movements

370 Payment among Nations

389 The Foreign Exchange Market

405 Forward Exchange and International Financial Investment

433 What Determines Exchange Rate?

464 Government Polices toward the Foreign Exchange Market

502 International Lending and Financial Cries

539 How Does the Open Macroeconomy Work?

565 Internal and External Balance with Fixed Exchange Rates

603 Floating Exchange Rates and Internal Balance

628 National and Global Choices Floating Rates and the Alternatives

APPENDIXES

655 The Web and the Library: International Numbers and Other Information

659 Deriving Production-Possibility

664 Offer Curves

667 The Nationally Optimal Tariff

673 Accounting for International Payments

677 Many Parties at once

680 Aggregate Demand and Aggregate Supply in the Open Economy

690 Devaluation and the Current Account Balance

694 SUGGESTED ANSWERS TO ODD-NUMBER QUESTIONS AND PROBLEMS

731 REFERENCE

743 INDEX