International Economics

Offers a clear, straightforward account of the main topics in international economics. Beginning with international trade, there is more emphasis on non-tariff barriers plus some of the current arguments for protection such as the industrial strategy approach. Chapters on trade policy include a discussion of the intellectual property, the recent collapse of the Uruguay round, international factor mobility and capital movements including coverage of MNCs. Extensive changes have been made in the finance section. Discusses topics on the balance of payments accounting and exchange markets, changes in otherwise fixed parities, flexible exchange rates, the standard IS/LM/BB graph, the European monetary system and much more.