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With this new tenth edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University continues to set the standard for International Trade courses.
The descriptive part, as the name clearly shows, is concerned with the description of international economic transactions just as they happen and of the institutional context in which they take place: flows of goods and financial assets, international agreements, international organizations like the World Trade Organization and the European Unio...
INTERNATIONAL TRADE: THEORY AND EVIDENCE AUTHORS' PREFACE Our book is intended primarily for a one-semester or one-quarter course in international trade for undergraduate economics majors. It is written specifically for courses and students who have completed a half-year course in intermediate microeconomic theory, a year of
International trade is often cited as a key engine of growth in the international economy. Indeed, in the post-war period, international trade has grown considerably more rapidly than global output, leading to a significant internationalization of the global economy.
Summary Contents. Preface. page Acknowledgments Acronyms Symbols. Windows on the World Economy. part i. international trade. Absolute Advantage. Comparative Advantage. Intra-Industry Trade. The Political Economy of Trade.
An Introduction to International Economics introduces the student or professional reader to the basic concepts of international trade, international production, and international finance. Its only prerequisite is an introductory-level understanding of micro-economics.
This chapter explains how developments in international trade theory influence our understanding of the changing pattern of competitiveness at the levels of the country, the industry and the firm.
