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Publication Date: 1998
INTERNATIONAL TRADE THEORY.The Law of Comparative Advantage.The Standard Theory of International Trade.Demand and Supply, Offer Curves, and the Terms of Trade.Factor Endowments and the Heckscher-Ohlin Theory.Economies of Scale, Imperfect Competition, and International Trade.Economic Growth and International Trade.INTERNATIONAL TRADE POLICY.Trade Restrictions: Tariffs.Nontariff Trade Barriers and the New Protectionism.Economic Integration: Customs Unions and Free Trade Areas.International Trade and Economic Development.International Resource Movements and Multinational Corporations.THE BALANCE OF PAYMENTS AND EXCHANGE RATES.Balance of Payments.Foreign Exchange Markets and Exchange Rates.Exchange Rate Determination.OPEN-ECONOMY MACROECONOMICS AND THE INTERNATIONAL MONETARY SYSTEM.The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates.The Income Adjustment Mechanism and Synthesis of Automatic Adjustments.Open-Economy Macroeconomics: Adjustment Policies.Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply.Flexible Versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination.The International Monetary System: Past, Present, and Future Answers to Selected Problems.Glossary of Key Terms.Dominick Salvatore is the author of 'International Economics, 6th Edition', published 1998 under ISBN 9780471364580 and ISBN 0471364584.
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