TY  - BOOK
AU  - 103939
TI  - Dominick Salvatore: International Economics
SN  - 9788126552344
U1  - 337 D7138 I 
PY  - 2018///
CY  - New Delhi
PB  - Wiley
KW  - International economic relations
N1  - Salvatore's International Economics provides information about fundamental institutions and relationships that affect quality of life and provides a framework for thinking through and understanding the process of decision making. Furthermore, the text is designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics; •	Introduction.

 

Part One: International Trade Theory.

•	The Law of Comparative Advantage.

•	The Standard Theory of International Trade.

•	Demand and Supply, Offer Curves and the Terms of Trade.

•	Factor Endowments and the Heckscher-Ohlin Theory.

•	Economies of Scale, Imperfect Competition and International Trade.

•	Economic Growth and International Trade.

 

Part Two: International Trade Policy.

•	Trade Restrictions: Tariffs.

•	Nontariff Trade Barriers and the New Protectionism.

•	Economic Integration: Customs Unions and Free Trade Areas.

•	International Trade and Economic Development.

•	International Resource Movements and Multinational Corporations.

 

Part Three: Balance of Payments and Exchange Rates.

•	Balance of Payments.

•	Foreign Exchange Markets and Exchange Rates.

•	Exchange Rate Determination.

 

Part Four: Open-Economy Macroeconomics and the International Monetary System.

•	The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates.

•	The Income Adjustment Mechanism and Synthesis of Automatic Adjustments.

•	Open-Economy Macroeconomics: Adjustment Policies.

•	Prices and Output in an Open Economy: Aggregate Demand & Aggregate Supply.

•	Flexible versus Fixed Exchange Rates, the European Monetary System and Macroeconomic Policy Coordination.

•	The International Monetary System: Past, Present and Future.


ER  -