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Appleyard-Field’s International Economics 4e text is a mid-level International Economics textbook that offers a consistent level of analysis and treatment of the two main subdivisions of international economics—international trade theory and policy and international monetary theory and policy. Comprehensive and clear, the text helps students move beyond recognition toward and understanding of current and future international events.

Chapter 1

Chapter 1.The World of International Economics

Part I:THE CLASSICAL THEORY OF TRADE

Chapter 2.Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo

Chapter 3.The Classical World of David Ricardo and Comparative Advantage

Chapter 4.Extensions and Tests of the Classical Model of Trade

Part II: NEOCLASSICAL TRADE THEORY

Chapter 5.Introduction to Neoclassical Trade Theory: Tools to Be Employed

Chapter 6.Gains from Trade in Neoclassical Theory

Chapter 7.Offer Curves and the Terms of Trade

Chapter 8.The Basis for Trade: Factor Endowments and the Heckscher-Ohlin Model

Chapter 9.Empirical Tests of the Factor Endowments Approach

Part III:ADDITIONAL THEORIES AND EXTENSIONS

Chapter 10.Post Heckscher-Ohlin Theories of Trade and Intra-Industry Trade

Chapter 11.Economic Growth and International Trade

Chapter 12.International Factor Movements

Chapter 13.The Instruments of Trade Policy

Chapter 14.The Impact of Trade Policies

Chapter 15.Traditional Arguments for Protection

Chapter 16.Strategic Approaches to Trade Policy Intervention

Chaptrer 17.Political Economy and Recent U.S. Trade Policy

Chapter 18.Economic Integration

Chapter 19.International Trade and the Developing Countries

Part IV:FUNDAMENTALS OF INTERNATIONAL MONETARY ECONNOMICS

Chapter 20.The Balance of Payments Accounts

Chapter 21.The Foreign Exchange Market

Chapter 22.International Financial Markets and Instruments: An Introduction

Chapter 23.The Monetary and Portfolio Balance Approaches to External Balance

Chapter 24.Price Adjustments and Balance of Payments Disequilibrium

Chapter 25.National Income and the Current Account

Part V:MACROECONOMIC POLICY IN THE OPEN ECONOMY

Chapter 26.Economic Policy in the Open Economy: Fixed Exchange Rates

Chapter 27.Economic Policy in the Open Economy: Flexible Exchange Rates

Chapter 28.Prices and Output in the Open Economy: Aggregate Supply and Demand

Part VI:ISSUES IN WORLD MONETARY ARRANGEMENTS

Chapter 29.Fixed or Flexible Exchange Rates?

Chapter 30.The International Monetary System: Past, Present and Future