International Economics: Global Markets And Competition (4th Edition)

- Global Markets and Competition - 4th Edition

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International Economics: Global Markets And Competition (4th Edition)
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Format:
Bog, paperback
Udgivelsesdato:
23-05-2017
Sprog:
Engelsk
Sidetal:
540
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International Economics: Global Markets and Competition integrates the microeconomics of international trade with open economy macroeconomics and finance. The theory is comprehensive but presented with intuitive diagrams. The book emphasizes the gains from international competition and the limits of trade policy.Economics began during the Industrial Revolution with a debate over import tariffs. To this day, domestic industries lobby for tariff protection against foreign competition, paying lawmakers for tariffs on imports. Only under special conditions do tariffs lead to economic gains. Domestic importers of materials and industrial products favor free trade, as do export industries since tariffs encourage other countries to retaliate with tariffs of their own.Trade theory includes market analysis and general equilibrium models of the economy. This text integrates the full range of trade theory with exchange rates, balance of payments, international finance, and open economy growth and macroeconomics.The presentation focuses on diagrams and avoids equations and algebra. The theory is presented with numerical examples. The text does not assume intermediate economics, instead developing the theory with thorough explanations. Questions in each section build confidence in applying the theory. Boxed examples illustrate the importance of the theory.Students like the concise and straightforward style. Instructors notice the difference on exams.

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Bog, hardback

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Udgivelsesdato:
23-05-2017
ISBN13:
9789814663878
Vægt:
706 g
Dybde:
20 mm
Bredde:
178 mm
Højde:
254 mm
Format:
Paperback
Udgave:
4th Revised edition
Forfattere
Bibliotekernes beskrivelse International Economics: Global Markets and Competition integrates the microeconomics of international trade with open economy macroeconomics and finance.

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