Husted, Steven L.

International economics / Steven Husted and Michael Melvin. - 4th ed. - xvi, 574 pages : illustrations ; 25 cm

Includes bibliographical references and index.

An introduction to international trade -- Tools of analysis for international trade models -- The classical model of international trade -- The Heckscher-Ohlin theory -- Tests of trade models: The Leontief paradox and its aftermath -- Tariffs -- Nontarriff barriers and arguments for protection -- Commercial policy: History and practice -- Preferential trading arrangements -- International trade and economic growth -- An introduction to international finance -- The balance of payments -- The foreign-exchange market -- Prices and exchange rates: purchasing power parity -- Exchange rates, interest rates and interest parity -- Foreign-exchange risk, forecasting and international investment -- Basic theories of the balance of payments -- Exchange rate theories -- Alternative international monetary standards -- International banking, debt and risk -- Open-economy macroeconomic policy and adjustment.

0321011449 (hardback)


International economic relations
Commercial policy
International finance


United States--Commercial policy

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