International economics : theory and policy / / Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

• Autore: Krugman Paul R.
• Pubblicazione: Boston, Massachusetts : , : Pearson, , 2015; ©2015
• Edizione: Tenth edition, global edition.
• Descrizione fisica: 1 online resource (794 pages) : color illustrations, maps, charts
• Disciplina: 332.042
• Soggetto topico: International finance; International trade; International economic relations
• Persona (resp. second.): MelitzMarc J.; ObstfeldMaurice
• Note generali: Includes index.
• Nota di contenuto: Cover -- Title Page -- Contents -- Preface -- 1 Introduction -- What Is International Economics About? -- The Gains from Trade -- The Pattern of Trade -- How Much Trade? -- Balance of Payments -- Exchange Rate Determination -- International Policy Coordination -- The International Capital Market -- International Economics: Trade and Money -- Part 1 International Trade Theory -- 2 World Trade: An Overview -- Who Trades with Whom? -- Size Matters: The Gravity Model -- Using the Gravity Model: Looking for Anomalies -- Impediments to Trade: Distance, Barriers, and Borders -- The Changing Pattern of World Trade -- Has the World Gotten Smaller? -- What Do We Trade? -- Service Offshoring -- Do Old Rules Still Apply? -- Summary -- 3 Labor Productivity and Comparative The Ricardian Model -- The Concept of Comparative Advantage -- A One-Factor Economy -- Relative Prices and Supply -- Trade in a One-Factor World -- Determining the Relative Price after Trade -- Box: Comparative Advantage in Practice: The Case of Babe -- The Gains from Trade -- A Note on Relative Wages -- Box: The Losses from Nontrade -- Misconceptions about Comparative Advantage -- Productivity and Competitiveness -- Box: Do Wages Reflect Productivity? -- The Pauper Labor Argument -- Exploitation -- Comparative Advantage with Many Goods -- Setting Up the Model -- Relative Wages and Specialization -- Determining the Relative Wage in the Multigood Model -- Adding Transport Costs and Nontraded Goods -- Empirical Evidence on the Ricardian Model -- Summary -- 4 Specific Factors and Income Distribution -- The Specific Factors Model -- Box: What Is a Specific Factor? -- Assumptions of the Model -- Production Possibilities -- Prices, Wages, and Labor Allocation -- Relative Prices and the Distribution of Income -- International Trade in the Specific Factors Model. ; Income Distribution and the Gains from Trade -- The Political Economy of Trade: A Preliminary View -- Income Distribution and Trade Politics -- Case study: Trade and Unemployment -- International Labor Mobility -- Case study: Wage Convergence in the Age of Mass Migration -- Case study: Foreign Workers: The Story of the GCC -- Summary -- Appendix: Further Details on Specific Factors -- Marginal and Total Product -- Relative Prices and the Distribution of Income -- 5 Resources and Trade: The Heckscher-Ohlin Model -- Model of a Two-Factor Economy -- Prices and Production -- Choosing the Mix of Inputs -- Factor Prices and Goods Prices -- Resources and Output -- Effects of International Trade between Two-Factor Economies -- Relative Prices and the Pattern of Trade -- Trade and the Distribution of Income -- Case study: North-South Trade and Income Inequality -- Case study: Skill-Biased Technological Change and Income Inequality -- Factor-Price Equalization -- Empirical Evidence on the Heckscher-Ohlin Model -- Trade in Goods as a Substitute for Trade in Factors: Factor Content of Trade -- Patterns of Exports between Developed and Developing Countries -- Implications of the Tests -- Summary -- Appendix: Factor Prices, Goods Prices, and Production Decisions -- Choice of Technique -- Goods Prices and Factor Prices -- More on Resources and Output -- 6 The Standard Trade Model -- A Standard Model of a Trading Economy -- Production Possibilities and Relative Supply -- Relative Prices and Demand -- The Welfare Effect of Changes in the Terms of Trade -- Determining Relative Prices -- Economic Growth: A Shift of the RS curve -- Growth and the Production Possibility Frontier -- World Relative Supply and the Terms of Trade -- International Effects of Growth -- Case study: Has the Growth of Newly Industrializing Countries Hurt Advanced Nations?. ; Tariffs and Export Subsidies: Simultaneous Shifts in RS and RD. -- Relative Demand and Supply Effects of a Tariff -- Effects of an Export Subsidy -- Implications of Terms of Trade Effects: Who Gains and Who Loses? -- International Borrowing and Lending -- Intertemporal Production Possibilities and Trade -- The Real Interest Rate -- Intertemporal Comparative Advantage -- Summary -- Appendix: More on Intertemporal Trade -- 7 External Economies of Scale and the International -- Economies of Scale and International Trade: An Overview -- Economies of Scale and Market Structure -- The Theory of External Economies -- Specialized Suppliers -- Labor Market Pooling -- Knowledge Spillovers -- External Economies and Market Equilibrium -- External Economies and International Trade -- External Economies, Output, and Prices -- External Economies and the Pattern of Trade -- Box: Holding the World Together -- Trade and Welfare with External Economies -- Dynamic Increasing Returns -- Interregional Trade and Economic Geography -- Box: Tinseltown Economics -- Summary -- 8 Firms in the Global Economy: Export Decisions -- The Theory of Imperfect Competition -- Monopoly: A Brief Review -- Monopolistic Competition -- Monopolistic Competition and Trade -- The Effects of Increased Market Size -- Gains from an Integrated Market: A Numerical Example -- The Significance of Intra-Industry Trade -- Case study: The Emergence of the Turkish Automotive Industry -- Firm Responses to Trade: Winners, Losers, and Industry Performance -- Performance Differences across Producers -- The Effects of Increased Market Size -- Trade Costs and Export Decisions -- Dumping -- Case study: Antidumping as Protectionism -- Multinationals and Outsourcing -- Case study: Patterns of Foreign Direct Investment -- The Firm's Decision Regarding Foreign Direct Investment -- Outsourcing. ; Case study: Shipping Jobs Overseas? Offshoring -- Consequences of Multinationals and Foreign Outsourcing -- Summary -- Appendix: Determining Marginal Revenue -- Part 2 International Trade Policy -- 9 The Instruments of Trade Policy -- Basic Tariff Analysis -- Supply, Demand, and Trade in a Single Industry -- Effects of a Tariff -- Measuring the Amount of Protection -- Costs and Benefits of a Tariff -- Consumer and Producer Surplus -- Measuring the Costs and Benefits -- Box: Tariffs for the Long Haul -- Other Instruments of Trade Policy -- Export Subsidies: Theory -- Case study: Europe's Common Agricultural Policy -- Import Quotas: Theory -- Case study: An Import Quota in Practice: U.S. Sugar -- Voluntary Export Restraints -- Case study: A Voluntary Export Restraint in Practice -- Local Content Requirements -- Box: Bridging the Gap -- Other Trade Policy Instruments -- The Effects of Trade Policy: A Summary -- Summary -- Appendix: Tariffs and Import Quotas in the Presence of Monopoly -- The Model with Free Trade -- The Model with a Tariff -- The Model with an Import Quota -- Comparing a Tariff and a Quota -- 10 The Political Economy of Trade Policy -- The Case for Free Trade -- Free Trade and Efficiency -- Additional Gains from Free Trade -- Rent Seeking -- Political Argument for Free Trade -- Case study: The Gains from 1992 -- National Welfare Arguments against Free Trade -- The Terms of Trade Argument for a Tariff -- The Domestic Market Failure Argument against Free Trade -- How Convincing Is the Market Failure Argument? -- Income Distribution and Trade Policy -- Electoral Competition -- Collective Action -- Box: Politicians for Sale: Evidence from the 1990s -- Modeling the Political Process -- Who Gets Protected? -- International Negotiations and Trade Policy -- The Advantages of Negotiation -- International Trade Agreements: A Brief History. ; The Uruguay Round -- Trade Liberalization -- Administrative Reforms: From the GATT to the WTO -- Benefits and Costs -- Box: Settling a Dispute-and Creating One -- Case study: The Salmon War -- The Doha Disappointment -- Box: Do Agricultural Subsidies Hurt the Third World? -- Preferential Trading Agreements -- Box: Free Trade Area versus Customs Union -- Box: Do Trade Preferences Have Appeal? -- Case study: Trade Diversion in South America -- Summary -- Appendix: Proving that the Optimum Tariff Is Positive -- Demand and Supply -- The Tariff and Prices -- The Tariff and Domestic Welfare -- 11 Trade Policy in Developing Countries -- Import-Substituting Industrialization -- The Infant Industry Argument -- Promoting Manufacturing Through Protection -- Case study: Mexico Abandons Import-Substituting -- Results of Favoring Manufacturing: Problems of Import -- Trade Liberalization since 1985 -- Trade and Growth: Takeoff in Asia -- Box: India's Boom -- Summary -- 12 Controversies in Trade Policy -- Sophisticated Arguments for Activist Trade Policy -- Technology and Externalities -- Imperfect Competition and Strategic Trade Policy -- Box: A Warning from Intel's Founder -- Case study: When the Chips Were Up -- Globalization and Low-Wage Labor -- The Anti-Globalization Movement -- Trade and Wages Revisited -- Labor Standards and Trade Negotiations -- Environmental and Cultural Issues -- The WTO and National Independence -- case study: A Tragedy in Bangladesh -- Globalization and the Environment -- Globalization, Growth, and Pollution -- The Problem of "Pollution Havens" -- The Carbon Tariff Dispute -- Summary -- Part 3 Exchange Rates and Open-Economy Macroeconomics -- 13 National Income Accounting and the Balance -- The National Income Accounts -- National Product and National Income -- Capital Depreciation and International Transfers -- Gross Domestic Product. ; National Income Accounting for an Open Economy.
• Sommario/riassunto: For courses in International Economics, International Finance, and International Trade A balanced approach to theory and policy applications International Economics: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the two main topic areas of the discipline. For both international trade and international finance, an intuitive introduction to theory is followed by detailed coverage of policy applications. With this new tenth edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University continues to set the standard for International Economics courses. This program provides a better teaching and learning experience-for you and your students. It will help you to: Personalize learning with MyEconLab: This online homework, tutorial, and assessment program fosters learning and provides tools that help instructors to keep students on track. Reveal theory and applications of trade and finance via a unified structure: Balanced coverage of theory and applications aids student retention and highlights the relevance of course material. Give students learning tools to master course material: Numerous in-text learning resources engage students and encourage further exploration of course topics. Provide the most updated coverage: Thoroughly updated content ensures that students are up to date on key economics issues. Please note that the product you are purchasing does not include MyEconLab. MyEconLab Join over 11 million students benefiting from Pearson MyLabs. This title can be supported by MyEconLab, an online homework and tutorial system designed to test and build your understanding. Would you like to use the power of MyEconLab to accelerate your learning? You need both an access card and a course ID to; access MyEconLab. These are the steps you need to take: 1. Make sure that your lecturer is already using the system Ask your lecturer before purchasing a MyLab product as you will need a course ID from them before you can gain access to the system. 2. Check whether an access card has been included with the book at a reduced cost If it has, it will be on the inside back cover of the book. 3. If you have a course ID but no access code, you can benefit from MyEconLab at a reduced price by purchasing a pack containing a copy of the book and an access code for MyEconLab (ISBN:9781292074580) 4. If your lecturer is using the MyLab and you would like to purchase the product... Go to www.myeconlab.com to buy access to this interactive study programme. For educator access, contact your Pearson representative. To find out who your Pearson representative is, visit www.pearsoned.co.uk/replocator.
• Titolo autorizzato: International economics
• ISBN: 9781322070520; 1-292-07454-X
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910154808103321
• Lo trovi qui: Univ. Federico II
• Serie: Always learning.; Pearson series in economics.