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INTRODUCTION
1. The World of International Economics
PART I
2. Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo
3. The Classical World of David Ricardo and Comparative Advantage
4. Extensions and Tests of the Classical Model of Trade
PART II
5. Introduction to Neoclassical Trade Theory: Tools to Be Employed
6. Gains from Trade in Neoclassical Theory
7. Offer Curves and the Terms of Trade
8. The Basis for Trade: Factor Endowments and the Heckscher-Ohlin Model
9. Empirical Tests of the Factor Endowments Approach
PART III
10. Post Heckscher-Ohlin Theories of Trade and Intra-Industry Trade
11. Economic Growth and International Trade
12. International Factor Movements
PART IV
13. The Instruments of Trade Policy
14. The Impact of Trade Policies
15. Arguments for Interventionist Trade Policies
16. Political Economy and Recent U.S. Trade Policy
17. Economic Integration
18. International Trade and the Developing Countries
PART V
19. The Balance of Payments Accounts
20. The Foreign Exchange Market
21. International Financial Markets and Instruments: An Introduction
22. The Monetary and Portfolio Balance Approaches to External Balance
23. Price Adjustments and Balance of Payments Disequilibrium
24. National Income and the Current Account
PART VI
25. Economic Policy in the Open Economy: Fixed Exchange Rates
26. Economic Policy in the Open Economy: Flexible Exchange Rates
27. Prices and Output in the Open Economy: Aggregate Supply and Demand
PART VII
28. Fixed or Flexible Exchange Rates?
29. The International Monetary System: Past, Present, and Future
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