International Economics: trade and finance / Dominick Salvator

1. Introduction;
Part-1: International trade theory;
2. The law of comparative advantage;
3. The standard theory of international trade;
4. Demand and supply, offer curves, and the terms of trade;
5. Factor endowments and the heckscher-ohlin theory;
6. Economic of scale, imperfect competition, and international trade;
7. Economic growth and international trade;
Part-2: International trade policy;
8. Trade restrictions: Tariffs;
9. Nontariff barriers and the new protectionism;
10. Economic integration: Customs union and free trade areas;
11. International trade and economic development;
12. International resource movements and multinational corporations;
Part-3: The balance of payments, foreign exchange markets, and exchange rates;
13. Balance of payments;
14. Foreign exchange markets and exchange rates;
15. Exchange rate determination;
Part-4: Open-economy macroeconomics and the international monetary system;
16. The price adjustment mechanism with flexible and fixed exchange rates;
17.The income adjustment mechanism and synthesis of automatic adjustment;
18. Open-economy macroeconomics: adjustment policies;
19. Prices and output in an open economy: aggregate demand and aggregate supply;
20. Flexible versus fixed exchange rates, the European monetary system, and macroeconomic policy coordination;
21. The international monetary system: past, present, and future;

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