International Economics: The Wealth of Open Nations provides a comprehensive yet concise introduction to International Economics. It combines historical, theoretical and empirical perspectives and examines the international trade in goods and services, the international capital and exchange markets, and the economic management of individual nations within the international system. The first part of the text focuses on international trade theories of comparative and competitive advantage. The theory of trade policy and the reality of the international trading system are each examined in turn. The second part examines monetary aspects and in particular focuses upon the relationship between the balance of payments and international indebtedness, and on exchange markets and international capital markets. The third part focuses upon the management of the small, open economy, firstly assuming fixed exchange rates and then under floating exchange rates. The impact of inflation on economic policy is considered and the final chapter extends the analysis to the economic management of the global economy.
This edition reflects the latest theoretical developments with a continued emphasis on current applications. This distinctive approach has readers claiming, If it’s clear, concise, and contemporary, it has to be Carbaugh.
This new edition of the well-known and bestselling text, International Economics contains a comprehensive treatment of the theoretical and practical aspects of the subject applied to both developed and less- developed countries.
That deal lasted for fewer than 10 years, however, and in May 2007 DaimlerChrysler sold the Chrysler firm back to an American financial company, Cerberus Capital Management, so Chrysler returned to American ownership.
Comprehensive and clear, International Economics helps students move beyond recognition toward an understanding of current and future international events through real world examples featured throughout the text.
Using real data and issues that motivate theoretical discussions, this text captures students' attention and equips them with a practical understanding of major policy questions.
This is a comprehensive and up to date textbook ideal for both undergraduate and graduate trade courses. This new edition includes the latest on globalization, economic geography as well as a trade integration and wage inequality.
This classic text has sold well for a half century because it covers all the conventional areas of international economics in an easy-to-understand manner. The 13th edition continues to provide...
Covering the conventional areas of international economics, this edition provides the blend of events and analysis to help readers understand global economic developments and to evaluate proposals for changes in economic policies.
Focussing on both theory and policy imperatives, providing ample case studies and examples, this book also provides advance topics for further research, besides detailed exercises for practice.
This book is carefully designed and correlated to the thirteen telecourse video programs to enrich your understanding of economic principles.