Special Boxes offer vivid illustrations of points made in the text.Case Studies illustrate theory using real-world applications and provide important historical context.Learning Goals begin each chapter and list the essential concepts so students understand what they need to take away from each chapter.Tools to help students master the material include the following:.A discussion of the international monetary experience that stresses the idea that different exchange rate systems lead to different policy coordination problems.A unified model of open-economy macroeconomics that provides students with a cohesive approach to the theory, based on an asset-market approach to exchange rate determination with a central role for expectations.Coverage of international finance includes:.An emphasis on the potential substitutability of international trade and international movements of factors of production in Chapter 7, featuring an analysis of international borrowing and lending as intertemporal trade–the exchange of present consumption for future consumption.A thorough discussion of the causes and effects of trade policy focuses on the income-distribution effects of trade.An integrated treatment and empirical evidence of the latest models of trade, such as the gravity, Ricardian, factor endowments, and imperfect competition models.Coverage of international trade features:.Within each half, core theory chapters are followed by a series of application chapters that confront policy questions using the newest empirical work, data, and policy debates. The book is divided into trade and finance.International Economics: Theory and Policy, 8th Edition. International Economics and Development >.Career Readiness & Employability Skills.Pearson author roundtable on digital learning.MyLab IT: preparing students for certification.Engaging students with interactive figures.Co-requisite/Accelerated Learning Model.Choosing the Right Solutions for Your Redesign.Teacher Education & Helping Professions.Engineering, Computer Science & Programming.Using a Team-Based Approach to Learning.
Downloading and using instructor resources.Sign in to download instructor resources.Engineering Technology & Industrial Management.Construction Management & Civil Technology.Educational Administration & Leadership.Culinary, Hospitality, Travel & Tourism.Social Work / Family Therapy / Human Services.Mass Communication / Public Relations / Film.
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