International economics / Robert M. Dunn, Jr., John H. Mutti.

Format:

Book

Author/Creator:

Dunn, Robert M., author.

Contributor:

Mutti, John H.

Language:

English

Subjects (All):

International economic relations.

Economic policy.

Physical Description:

1 online resource (625 p.)

Edition:

5th ed.

Place of Publication:

London ; New York : Routledge, 2000.

Language Note:

English

Summary:

Thoroughly revised to take into account the latest issues and controversies in international economics, this new edition includes a range of aids to help student learning and class presentation. Featuring learning objectives, questions, further reading suggestions and a variety of real world examples, this introductory text enables the reader to understand both current events and policy proposals. Breaking new ground in its coverage of micro and macro economics new issues covered also include:* new developments in regional trade blocks and Uruguay Round agreements* International Publi

Contents:

INTERNATIONAL ECONOMICS; Copyright; Contents; List of figures; List of tables; List of boxes; List of exhibits; Preface; Chapter 1 Introduction; Learning objectives; Why international economics is a separate field; The organization of this volume; Information about international economics; Summary of key concepts; Questions for study and review; Suggested further reading; part one International Trade And Trade Policy; Chapter 2 Patterns of trade and the gains from trade: insights from Classical theory; Learning objectives; Absolute advantage; Comparative advantage

Additional tools of analysisThe concept of opportunity cost; The production-possibility curve with constant opportunity cost; Demand conditions and indifference curves; International trade with constant costs; International trade with increasing costs; The pre-trade equilibrium; The post-trade equilibrium; The effect of trade; The division of the gains from trade; Comparative advantage with many goods; Empirical verification in a world with many goods; Summary of key concepts; Questions for study and review; Suggested further reading; Appendix: The role of money prices; Notes

Chapter 3 Trade between dissimilar countries: insights from the factor proportions theoryLearning objectives; Factor proportions as a determinant of trade; Formulating a model; Implications of the factor proportions theory for the distribution of income; The distribution of income and factor price changes; Income redistribution and the welfare economics of trade; Fixed factors of production in the short run; Trade: a substitute for factor movements; Empirical verification in a world with many goods; Modifying the basic assumptions; Summary of key concepts; Questions for study and review

Suggested further readingAppendix: A more formal presentation of the Heckscher-Ohlin Appendix: A more formal presentation of the Heckscher-Ohlin Model with two countries, two commodities, and two factors; The production function; Derivation of the production-possibility curve; Another application of the box diagram; Notes; Chapter 4 Trade between similar countries: implications of decreasing costs and imperfect competition; Learning objectives; External economies of scale; Decreasing opportunity cost; The product cycle; Preference similarities and intra-industry trade

Economies of scale and monopolistic competitionTrade with other forms of imperfect competition; Cartels; Dumping; Further aspects of trade with imperfect competition; Summary of key concepts; Questions for study and review; Suggested further reading; Appendix: Derivation of a reaction curve; Notes; Chapter 5 The theory of protection: tariffs and other barriers to trade; Learning objectives; Administrative issues in imposing tariffs; Tariffs in a partial equilibrium framework; The small-country case; Quotas and other nontariff trade barriers; Quantitative restrictions on imports

Production subsidies

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-134-61835-2

1-280-09857-0

0-203-46026-X

9780203460269

OCLC:

252941535