International Economics
Published on 28. May 2004
Book
Paperback/Softback
512 pages
978-0-07-121517-6 (ISBN)
Description
Author Hank Van den Berg had a fourteen-year career in the US State Department and with multinational companies overseas prior to getting his PhD at the University of Wisconsin. As a result, international economics has been a favorite subject for him. After eleven years of teaching International Economics in a variety of Colleges at the University of Nebraska (Business Administration, Arts and Sciences, and Architecture), Hank was ready to begin his own text. He was particularly interested in writing a book that would engage students more than the existing ones do and appeal to the diverse audience he has taught (adult students, students from a variety of countries, students with a variety of academic interests).
More details
Language
English
Place of publication
London
United States
Publishing group
McGraw-Hill Education - Europe
Target group
College/higher education
Illustrations
Illustrations
Dimensions
Height: 228 mm
Width: 177 mm
Thickness: 27 mm
Weight
960 gr
ISBN-13
978-0-07-121517-6 (9780071215176)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
Chapter 1: International Economics and the Global Economy1.1 The Advance of Globalization1.2 Why Some People Fear Globalization 1.3 Economic Models1.4 How Much Further Will Globalization Go? 1.5 Introduction to the Remainder of the BookChapter Summary | Questions and Problems | Suggested Readings| Internet ResourcesChapter 2: The Open Economy2.1 The Circular Flow of Economic Activity2.2 Opening up the Economy2.3 The Balance of Payments2.4 Trends in the US balance of Payments2.5 The International Investment Position2.6 Foreign Exchange Markets and Exchange Rates2.7 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 3: The Gains from Trade: A Partial Equilibrium View3.1 Exchange and Specialization3.2 All Nations Gain from Trade3.3 Trade Motivated by Difference in Tastes3.4 Comparative Advantage and Exchange Rates3.5 Gains from Trade in the Case of Increasing Returns3.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 4: Why Nations Trade: A Partial Equilibrium View4.1 Using supply and Demand Models to Analyze Trade4.2 Transport Costs and International Trade4.3 Quantifying the Gains from Trade4.4 Comparative Advantage and International Marketing4.5 The Many challenges of Marketing Overseas4.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 5: International Trade and Economic Growth5.1 Economic Growth and Growth of International Trade5.2 The Empirical Evidence on Trade and Growth5.3 The Solow Growth Model5.4 How Trade Causes Technological Progress5.5 Technological Progress as Creative Destruction5.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 6: Protectionism: How Nations Restrict Trade6.1 Tariffs6.2 Quotas6.3 Other Trade Barriers6.4 Rent Seeking Activity As a Cost of Protection6.5 Dynamic Rent Seeking to Obstruct Creative Destruction6.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 7: Why Do Countries Restrict Foreign Trade?7.1: Trade Changes the Distribution of Total Welfare7.2 Strategic Trade Policies7.3 The Infant Industry Argument7.4 Sanctions and National Security7.5 The Political Economy of International Trade7.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 8: Trade Policy: Past Present and Future8.1 Trade Policy Before the Twentieth Century8.2 Destroying Trade During the Interwar Period8.3 Trade Policy After World War II: The GATT8.4 The Ambitious Uruguay Round8.5 The Doha Round8.6. ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 9: Trade Discrimination: Free Trade Areas and Anti-Dumping Protection9.1 The Theory of Trade Blocs9.2 Economic Integration, Past and Present9.3 The European Union9.4 The North American Free Trade Area9.5 Regional Versus Multilateral Free Trade: Further Issues9.6 Fair Trade and Dumping9.7 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 10: The Economics of International Investment10.1 International Trade in Assets10.2 A General Equilibrium Model of International Investment10.3 A Partial Equilibrium Model of International Savings10.4 Risk Reduction through International Diversification10.5 International Investment and Economic Growth10.6 International Investment Is Too Small10.7 The Barriers to International Investment10.8 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 11: The Many Forms of International Investment11.1 Foreign Direct Investment11.2 The Theory of Multinational Enterprises and FDI11.3 Technology Transfers and Foreign Direct Investment11.4 Portfolio Investment11.5 International Banking11.6 Foreign Aid11.7 International Capital Flows: A Historical Perspective11.8 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 12: The Foreign Exchange Market12.1 The Evolution of the Foreign Exchange Market12.2 Foreign Exchange Markets Today12.3 Triangular Arbitrage12.4 The Interest Parity Condition'12.5 Effective Exchange Rates12.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 13: Economics Policy in and Open Economy13.1 Fixed Exchange Rates13.2 Purchasing Power Parity13.3 The Aggregate Demand/Aggregate Supply Model13.4 Building an Exchange Rate Model13.5 The Open-economy Trilemma13.6.3 Two Dilemmas Equal One Trilemma13.7 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 14: The Evolution of the International Financial System14.1 Comparing International Financial Arrangements14.2 International Finance Before the Gold Standard14.3 The International Gold Standard: 1880-191414.4 The Gold Standard after World War I14.5 The Bretton Woods System14.6 Floating After Bretton Woods14.7 Europe's Preference for Fixed Exchange rates14.8 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 15: The International Migration of People15.1 A Brief History of International Migration15.2 The Supply-Side Effects of International Migration 15.3 Immigrants' effect of the Demand for Labor15.4 The Evidence on Immigration's Net Economic Effects15.5 Long-Run economic Growth and Immigration15.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 16: Immigration Policy16.1 Why Do So Few People Emigrate?16.2 US Immigration Policy 16.3 Immigration Policies in Other Countries16.4 Illegal Immigration16.5 International Business and Immigration Law16.6 ConclusionsChapter SummaryQuestions and ProblemsSuggested ReadingsInternet ResourcesChapter 17: The Future Path of Globalization17.1 Globalization Means Interdependence17.2 Globalization and International Inequality17.3 The Way ForwardSuggested Readings