International Economics (with InfoTrac) (Available Titles CengageNOW)

carbaugh (economics, Central Washington University) Adds Updated Applications And Material On The Latest Theoretical And Policy Developments To This 10th Edition Of A Text For A One-quarter Or A One-semester Course For Students With Knowledge Of Principles Of Economics. This Edition Highlights Five Themes That Are Widely Discussed In The News Media: Globalization Of Economic Activity, Free Trade, Trade Conflicts Between Developing And Industrial Nations, Trade Liberalization, And The Dollar As A Key Currency. Chapter Summaries, Key Concepts, Study Questions, And Web Links Are Included. Annotation ©2004 Book News, Inc., Portland, Or booknews this Textbook Explains The Basic Concepts Of International Economic Theory, Matched With Current, Real-world Applications. Focusing On International Trade Relations And International Money Relations, Specific Chapters Cover Topics Like International Equilibrium, Tariffs, Non-tariff Trade Barriers, Developing Nations, Regional Trade Agreements, The Balance Of Payments, Foreign Exchange, Exchange-rate Determination, Macroeconomic Policy, And International Banking. Carbaugh Teaches Economics At Central Washington University. Annotation C. Book News, Inc., Portland, Or (booknews.com) Front......Page 1 Title......Page 2 Copyright......Page 3 Contents in Brief......Page 4 Contents......Page 5 Preface ......Page 17 Introduction ......Page 23 1.The International Economy & Globalization......Page 24 Part One: International Trade Relations......Page 49 2.Foundations of Modern Trade Theory: Comparative Advantage......Page 50 3.Sources of Comparative Advantage......Page 85 4.Tariffs......Page 123 5.Nontariff Trade Barriers......Page 162 6.Trade Regulations & Industrial Policies......Page 196 7.Trade Policies for the Developing Nations......Page 240 8.Regional Trading Arrangements......Page 275 9.International Factor Movements & Multinational Enterprises......Page 311 Part Two: International Monetary Relations......Page 341 10.The Balance of Payments......Page 342 11.Foreign Exchange......Page 362 12.Exchange-Rate Determination......Page 394 13.Balance-of-Payments Adjustments......Page 422 14.Exchange-Rate Adjustments & the Balance of Payments......Page 438 15.Exchange-Rate Systems & Currency Crises......Page 464 16.Macroeconomic Policy in an Open Economy......Page 496 17.International Banking: Reserves, Debt, & Risk......Page 512 Glossary ......Page 531 Index ......Page 545 Carbaugh demonstrates the relevance of theory through real-world economic issues. Theoretical discussions are presented in both verbal and graphical terms, making the book highly accessible to students with little economics background