International economics : trade and finance/ Dominick Salvatore.

Includes biliographical references and index.

Chapter 1: Introduction PART ONE: INTERNATIONAL TRADE THEORY Chapter 2: The Law of Comparative Advantage Chapter 3: The Standard Theory of International Trade Chapter 4: Demand and Supply, Offer Curves, and the Terms of Trade Chapter 5: Factor Endowments and the Heckscher-Ohlin Theory Chapter 6: Economies of Scale, Imperfect Competition, and International Trade Chapter 7: Economic Growth and International Trade PART TWO: INTERNATIONAL TRADE POLICY Chapter 8: Trade Restrictions: Tariffs Chapter 9: Nontariff Trade Barriers and the New Protectionism Chapter 10: Economic Integration: Customs Unions and Free Trade Areas Chapter 11: International Trade and Economic Development Chapter 12: International Resource Movements and Multinational Corporations PART THREE: THE BALANCE OF PAYMENTS, FOREIGN EXCHANGE MARKETS, AND EXCHANGE RATES Chapter 13: Balance of Payments Chapter 14: Foreign Exchange Markets and Exchange Rates Chapter 15: Exchange Rate Determination PART FOUR: OPEN-ECONOMY MACROECONOMICS AND THE INTERNATIONAL MONETARY SYSTEM Chapter 16: The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates Chapter 17: The Income Adjustment Mechanism and Synthesis of Automatic Adjustments Chapter 18: Open-Economy Macroeconomics: Adjustment Policies Chapter 19: Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply Chapter 20: Flexible versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination Chapter 21: The International Monetary System: Past, Present, and Future Glossary Index