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Cover -- Titlepage -- Copyright page -- Contents -- List of Tables -- List of Figures -- Preface -- Acknowledgements -- CHAPTER 1 Aspects of International Economics -- 1.1 Introduction -- 1.2 The company and its international environment -- 1.3 Questions raised by the case study -- CHAPTER 2 Internationalization and the World Economy -- 2.1 Introduction -- 2.2 International trade flows -- 2.3 The national significance of international trade -- 2.4 International capital flows -- 2.5 Summary -- CHAPTER 3 International Trade Theory -- 3.1 Introduction -- 3.2 Emerging industrial countries: a case study -- 3.3 Traditional trade theories -- 3.4 New trade theories -- 3.5 Summary -- CHAPTER 4 International Production Factors, Foreign Direct Investment and the Multinational Enterprise -- 4.1 Introduction -- 4.2 The motor vehicle sector: a case study -- 4.3 Similarities in international trade and international factor mobility -- 4.4 International factor mobility and the question of distribution -- 4.5 Inter-temporal trade -- 4.6 Foreign direct investment -- 4.7 The multinational enterprise (MNE) -- 4.8 The MNE and the international relocation of production activities: some theories -- 4.9 Summary -- CHAPTER 5 Trade Policy: A Welfare Theory Analysis -- 5.1 Introduction -- 5.2 Protectionism -- 5.3 The optimum tariff theory and other trade measures -- 5.4 Export policy -- 5.5 Volume restrictions on trade -- 5.6 Trade policy and market failures -- 5.7 Summary -- CHAPTER 6 Modern Arguments Relating to Protection -- 6.1 Introduction -- 6.2 External economies of scale and the competitive position -- 6.3 Strategic trade policy -- 6.4 Summary -- CHAPTER 7 Trade Policy and Market Forms: A Microeconomic Analysis -- 7.1 Introduction -- 7.2 The video recorder market: a case study -- 7.3 Market forms -- 7.4 Taking advantage of different national sub-markets.