1 Introduction
Part 1 International Trade Theory2 World Trade: An
Overview
3 Labor Productivity and Comparative Advantage: The Ricardian
Model
4 Specific Factors and Income Distribution
5 Resources and Trade: The Heckscher-Ohlin Model
6 The Standard Trade Model
7 External Economies of Scale and the International Location of
Production
8 Firms in the Global Economy: Export Decisions, Outsourcing, and
Multinational Enterprises
Part 2 International Trade Policy 9 The
Instruments of Trade Policy
10 The Political Economy of Trade Policy
11 Trade Policy in Developing Countries
12 Controversies in Trade Policy
Part 3 Exchange Rates and Open-Economy
Macroeconomics 13 National Income Accounting and the
Balance of Payments
14 Exchange Rates and the Foreign Exchange Market: An Asset
Approach
15 Money, Interest Rates, and Exchange Rates
16 Price Levels and the Exchange Rate in the Long Run
17 Output and the Exchange Rate in the Short Run
18 Fixed Exchange Rates and Foreign Exchange
InterventionPart 4 International Macroeconomic
Policy19 International Monetary Systems: An Historical
Overview
20 Optimum Currency Areas and the European Experience
21 Financial Globalization: Opportunity and Crisis
22 Developing Countries: Growth, Crisis, and Reform
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