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Front Cover; International Economics; Copyright Page; Preface; Table of Contents; Chapter 1. The study of international economics; PART 1: The monetary theory of international trade; Chapter 2. Transferring money between countries; 2.1 Introduction; 2.2 The nature of an exchange rate; 2.3 The quotation of foreign exchange rates; 2.4 The mechanism of international payments; Chapter 3. Determining foreign exchange rates; 3.1 Introduction; 3.2 A demand and supply model of the market for foreign exchange; 3.3 Orderly cross rates; 3.4 Forward exchange rates; 3.5 Leads and lags.

For courses in international economics.An introduction to international economics through accessible writing and real-life applications A principles-™level introduction thats accessible to students of all majors, International Economics uses real-life applications to cover both the macro and micro components of international economics. The text illuminates economic institutions and policies, as well as recent developments in the global economy, without requiring the use of higher-™level math. In addition, the text has a flexible approach, which includes self-contained chapters and comprehensive coverage, allowing instructors to adapt its concepts to a wide range of syllabi. The 8th Edition includes a number of enhancements, such as updated tables and graphs, new case studies, and revised discussion of relevant topics to keep students up-to-speed on the economic world around them

1 Introduction -- 2 The classical (Ricardo-Torrens) theory of comparative costs -- 3 The neoclassical theory of international trade -- 4 The Heckscher-Ohlin model -- 5 Tariffs, protection, economic integration -- 6 International trade and economic growth -- 7 Some refinements of the orthodox theory -- 8 The "new" theories of international trade -- 9 Neo-Ricardian theories of international trade -- 10 The foreign exchange market -- 11 Balance of payments and national accounts -- 12 The role of the exchange rate in the adjustment process in a partial equilibrium framework -- 13 The role of income changes in the adjustment process -- 14 The absorption approach and interactions between exchange rate and income in the adjustment process -- 15 Money and other assets in the adjustment process under fixed exchange rates -- 16 Money and other assets in the adjustment process under flexible exchange rates -- 17 International capital movements and other problems -- 18 Fixed versus flexible exchange rates -- 19 International liquidity and international financial markets -- 20 The problem of integration between the pure theory of international trade and international monetary economics -- Name Index of Book I and Book II -- Subject Index of Book I and Book II.

"International Economics is designed for a one-semester course covering both the trade and finance components of international economics. The Eighth Edition continues the approach of the first seven editions by offering a principles-level introduction to the core theories together with policy analysis and the institutional and historical contexts of international economic relations. My goal is to make economic reasoning about the international economy accessible to a diverse group of students, including both economics majors and nonmajors. My intention is to present the consensus of economic opinion, when one exists, and to describe the differences when one does not. In general, however, economists are more often in agreement than not."

1 The Theory of International Trade -- Comment by Avinash Dixit -- 2 The Issue of Protection -- Comment by James H. Cassing -- 3 International Linkages, Exchange-Rate Regimes, and the International Transmission Process: Perspectives from Optimizing Models -- Comment by Marianne Baxter -- 4 National Policies and the International Monetary System -- Comment by Michael R. Darby.

This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed. For courses in international economics. An introduction to international economics through accessible writing and real-life applications A principles-­level introduction that's accessible to students of all majors, International Economics uses real-life applications to cover both the macro and micro components of international economics. The text illuminates economic institutions and policies, as well as recent developments in the global economy, without requiring the use of higher-­level math. In addition, the text has a flexible approach, which includes self-­contained chapters and comprehensive coverage, allowing instructors to adapt its concepts to a wide range of syllabi. The 8th Edition includes a number of enhancements, such as updated tables and graphs, new case studies, and revised discussion of relevant topics to keep students up-to-speed on the economic world around them. This title is also available digitally as a standalone Pearson eText, or via MyLab Economics, which includes the Pearson eText. Contact your Pearson rep for more information. MyLab® empowers you to reach every student. This flexible digital platform combines unrivaled content, online assessments, and customizable features so you can personalize learning and improve results, one student at a time. Learn more about MyLab Economics. Pearson eText is an easy-to-use digital textbook available within MyLab Economics that lets students read, highlight, and take notes all in one place. For instructors not using MyLab Economics, Pearson eText can also be adopted on its own as the main course material. Learn more about Pearson eText.

"This is the 13th edition of a text that has enjoyed a flattering market success, having been adopted by more than 700 colleges and universities throughout the United States, Canada, and other English-speaking countries. The text has also been translated into Chinese, French, Greek, Indonesian, Italian, Korean, Polish, Portuguese (Brazilian), Serbian, Spanish, Russian, and other languages. All of the features that have made the previous editions of this text, one of the leading texts of International Economics in the United States and around the world, have been retained in the 12th edition. However, the content has been thoroughly updated and expanded to include many new significant topics and important recent developments."