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| Additional Physical Format: | Online version: Sawyer, W. Charles. International economics. Upper Saddle River, NJ : Pearson Prentice Hall, c2006 (OCoLC)624173032 |
|---|---|
| Material Type: | Internet resource |
| Document Type: | Book, Internet Resource |
| All Authors / Contributors: |
W Charles Sawyer; Richard L Sprinkle |
| ISBN: | 0131704168 9780131704169 |
| OCLC Number: | 56904393 |
| Description: | xxvii, 516 p. : ill. ; 25 cm. |
| Contents: | Preface -- ch. 1. Introduction : An overview of the world economy -- ch. 2. Why countries trade -- ch. 3. Factor endowments and the commodity composition of trade -- ch. 4. Intraindustry trade -- ch. 5. International factor movements -- ch 6. Tariffs -- ch. 7. Nontariff distortions to trade -- ch. 8. International trade policy -- ch. 9. Regional economic arrangements -- ch. 10. International trade and economic growth -- ch. 11. National income accounting and the balance of payments -- ch. 12. International transactions and financial markets -- ch. 13. Exchange rates and their determination : a basic model -- ch. 14. Money, interest rates, and the exchange rate -- ch. 15. Price levels and exchange rates in the long run -- ch. 16. Output and the exchange rate in the short run -- ch. 17. Macroeconomic policy and floating exchange rates -- ch. 18. Fixed exchange rates and currency unions -- ch. 19. International monetary arrangements -- ch. 20. Capital flows and the developing countries -- Appendix : GDP, population, and exports for countries -- Glossary -- Index. |
| Responsibility: | W. Charles Sawyer, Richard L. Sprinkle. |
| More information: |
Abstract:
This easy-to-read book emphasizes how to use basic economic theory and where to apply it to international economic issues. It empowers readers to understand the international economics they will encounter in business publications such as the Wall Street Journal, and to use international economics to make business decisions. The first half of the book covers international trade, factor movements, and trade and economic development; the final ten chapters on international finance can be divided into at least three parts: national income accounting and exchange rate determination; purchasing power parity and the real exchange rate; and open economy macroeconomics. A useful reference for government officials dealing with international trade and finance issues, and for private citizens who want to learn more about the effect of international economics on business in the 21st century.
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