International Economics

Global Markets and Competition

Autor: Henry Thompson

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Legare: Carte broșată

Editura: World Scientific Publishing Co Pte Ltd

Disponibilitate: În depozitul extern în cantități mici

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This book integrates the microeconomics of trade with international finance and open economy macroec...

Informații despre carte

Autor

Henry Thompson

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2010

Pagini

540

EAN

9789814307024

Enbook ID

05070135

Editura

World Scientific Publishing Co Pte Ltd

Greutate

885

Dimensiuni

178 x 251 x 23

Descriere completă

This book integrates the microeconomics of trade with international finance and open economy macroeconomics. The emphasis throughout is on international competition and the limits of trade policy. Economics began with a debate over tariffs. Domestic industries lobby for protection against foreign competitors or export subsidies. Government policy makers dole favors in return for cash and votes. Governments negotiate free trade agreements but disregard them when possible with tariffs, export subsidies, and other policies to influence foreign trade and investment. The forces of international competition, however, eventually overwhelm government policy. This text presents the critical issues of international trade and finance. Trade theory includes partial equilibrium market analysis, neoclassical trade models, constant cost production, factor proportions production, and models of industrial organization. The presentation uses graphs with numerical examples making the theory easier for students, especially when combined with more general classroom presentation. The text does not assume previous courses in intermediate economics or calculus but develops the theory with simple tools. Numerous questions give students confidence to use the theoretical models and concepts. Over 250 boxed examples illustrate the theory, many with visually descriptive charts and plots. The text is concise in its presentation style. Students enjoy its clear straightforward style and instructors notice the difference on exams.

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International Economics

Global Markets and Competition

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