Brief Table of Contents

Chapter 1: Introductory Finance Issues: Current Patterns, Past History, and International Institutions

Chapter 2: National Income and the Balance of Payments Accounts

Chapter 3: The Whole Truth about Trade Imbalances

Chapter 4: Foreign Exchange Markets and Rates of Return

Chapter 5: Interest Rate Parity

Chapter 6: Purchasing Power Parity

Chapter 7: Interest Rate Determination

Chapter 8: Policy Effects with Floating Exchange Rates

Chapter 9: Fixed Exchange Rates

Chapter 10: Policy Effects with Fixed Exchange Rates

Chapter 11: Fixed versus Floating Exchange Rates

Chapter 12: Introductory Trade Issues: History, Institutions, and Legal Framework

Chapter 13: A Pure Exchange Model of Trade

Chapter 14: The Pure Exchange Model and Market Ethics

Chapter 15: Production, Trade, and Comparative Advantage

Chapter 16: The Ricardian Theory of Comparative Advantage (Redux)

Chapter 17: The Pure Exchange Model Again with Three Traders

Chapter 18: Factor Mobility and Income Redistribution

Chapter 19: The Heckscher-Ohlin (Factor Proportions) Model

Chapter 20: Economies of Scale and International Trade

Chapter 21: Trade Policy Effects with Perfectly Competitive Markets

Chapter 22: Trade Policies with Market Imperfections and Distortions

Chapter 23: Political Economy and International Trade

Chapter 24: Evaluating the Controversy between Free Trade and Protectionism