solution manual for International Economics Theory and Policy.doc
Contents Chapter 1 Introduction 1 Overview of Section I: International Trade Theory 3 Chapter 2 World Trade: An Overview 5 Chapter 3 Labor Productivity parative Advantage: The Ricardian Model 8 Chapter 4 Resources, Comparative Advantage, and e Distribution 12 Chapter 5 The Standard Trade Model 16 Chapter 6 Economies of Scale, petition, and International Trade 21 Chapter 7 International Factor Movements 26 Overview of Section II: International Trade Policy 30 Chapter 8 The Instruments of Trade Policy 32 Chapter 9 The Political Economy of Trade Policy 37 Chapter 10 Trade Policy in Developing Countries 42 Chapter 11 Controversies in Trade Policy 45 Overview of Section III: Exchange Rates and Open-Economy Macroeconomics 49 Chapter 12 National e Accounting and the Balance of Payments 51 Chapter 13 Exchange Rates and the Foreign-Exchange Market: An Asset Approach 57 Chapter 14 Money, Interest Rates, and Exchange Rates 64 Chapter 15 Price Levels and the Exchange Rate in the Long Run 70 Chapter 16 Output and the Exchange Rate in the Short Run 76 Chapter 17 Fixed Exchange Rates and Foreign-Exchange Intervention 84 Overview of Section IV: International Macroeconomic Policy 92 Chapter 18 The International ary System, 1870–1973 94 Chapter 19 Macroeconomic Policy and Coordination Under Floating Exchange Rates 99 Chapter 20 Optimum Currency Areas and the European Experience 107 Chapter 21 The Global Capital Market: Performance and Policy Problems 112 Chapter 22 Developing Countries: Growth, Crisis, and Reform 117 Chapter 1 Introduction anization What is International Economics About? The Gains from Trade The Pattern of Trade How Much Trade Balance of Payments Exchange-Rate Determination International Policy Coordination The International Capital Market International Economics: Trade and Money nChapter Overview The intent of this chapter is to provide both an overview of the subject matter of international economics and to provide a guide to
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