Table of Contents

    About the Authors
        Preface
Chapter 1.    Introduction: An Overview of the World Economy
Chapter 2.    Why Countries Trade
Chapter 3.    Comparative Advantage and the Production Possibilities Frontier
Chapter 4.    Factor Endowments and The Commodity Composition of Trade
Chapter 5.    Intraindustry Trade
Chapter 6.    International Factor Movements
Chapter 7.    Tariffs
Chapter 8.    NonTariff Distortions to Trade
Chapter 9.    International Trade Policy
Chapter 10.    Regional Economic Arrangements
Chapter 11.    International Trade and Economic Growth
Chapter 12.    National Income Accounting and the Balance of Payments
Chapter 13.    International Transactions and Financial Markets
Chapter 14.    Exchange Rates and Their Determination: A Basic Model
Chapter 15.    Money, Interest Rates, and The Exchange Rate
Chapter 16.    Price Levels and the Exchange Rate in the Long Run
Chapter 17.    Output and the Exchange Rate in the Short Run
Chapter 18.    Macroeconomic Policy and Floating Exchange Rates
Chapter 19.    Fixed Exchange Rates and Currency Unions
Chapter 20.    International Monetary Arrangements
Chapter 21.    Capital Flows and the Developing Countries
Appendix
Glossary
Index