A guide to international economics / Shahruz Mohtadi.

Format:

Book

Author/Creator:

Mohtadi, Shahruz, author.

Language:

English

Subjects (All):

International trade.

International economic relations.

Physical Description:

1 online resource (147 pages)

Edition:

1st ed.

Place of Publication:

New York, NY : Business Expert Press, 2019.

Summary:

This book adopts a nontechnical approach to explaining the basis for trade between countries and the role of firms in global trade and describes the effect of tariffs and fluctuations in exchange rates on a company's sales, costs, and profits The study of international economics has never been more vital than it is today. The past global financial crisis, the economic uncertainty in many advanced countries, increasing barriers to international trade, and currency crises have created challenges for both policy makers and corporate decision makers involved in international trade and finance. This book provides a concise and rigorous approach to the understanding of international trade and finance without relying on mathematical models or graphs. It explains the basis and pattern of trade, the effects of trade and trade policies on companies, national welfare, and the global economy. It explains the determination and changes in exchange rates. Finally, it describes the operation of the economy and examines the impact of national economic policies on the domestic economy and the rest of the world. Corporate managers and MBA students must learn the complex interrelationships between trade policies; the actions of central banks; and changes in government spending and taxes on interest rates, prices, exchange rates, and economic activity. This book adopts a nontechnical approach to explaining the basis for trade between countries and the role of firms in global trade and describes the effect of tariffs and fluctuations in exchange rates on a company's sales, costs, and profits.

Contents:

Cover

A Guide to International Economics

Contents

Preface

Acknowledgments

Introduction

Part I: International Trade Theory

Chapter 1: The Basics of a Market: Supply and Demand and Equilibrium

Chapter 2: The Basis for Trade: Absolute Advantage and Comparative Advantage

Chapter 3: New Trade Theories: Economies of Scale, Product Differentiation, and Intra-industry Trade

Part II: International Trade Policy

Chapter 4: Trade Policy Instruments: Tariffs, Quotas, Subsidies

Chapter 5: Arguments for Protection and the Political Economy of Trade Policy

Chapter 6: The World Trade Organization, International Trade Relations and Issues

Part III International Finance

Chapter 7: An Introduction to Open Economy Macroeconomics and the Balance of Payments

Chapter 8: The Foreign Exchange Market

Chapter 9: The Determination of the Exchange Rate

Part IV: Macroeconomic Policies in an Open Economy

Chapter 10: Aggregate Demand, Aggregate Supply, Output, and Exchange Rates

Chapter 11: A Brief History of International Monetary Systems

Chapter 12: International Banking and International Capital Markets

Chapter 13: Epilogue

References

About the Author

Index

Ad Page

Back Cover.

Notes:

Description based on print version record.

ISBN:

9781787857513

1787857514

9781631574405

163157440X

OCLC:

1103218276