International economics / Thomas A. Pugel.

Includes bibliographical references and index.

1. International economics is different -- Part 1. The theory of international trade -- 2. Basic theory using demand and supply -- 3. Why everybody trades : comparative advantage -- 4. Trade : factor availability and factor proportions are key -- 5. Who gains and who loses from trade? -- 6. Scale economies, imperfect competition, and trade -- 7. Growth and trade -- Part 2. Trade policy -- 8. Analysis of a tariff -- 9. Nontariff Barriers to imports -- 10. Arguments for and against protection -- 11. Pushing exports -- 12. Trade blocs and trade blocks -- 13. Trade and the environment -- 14. Trade policies for developing countries -- 15. Multinationals and migration : international factor movements -- Part 3. Understanding foreign exchange -- 16. Payments among nations -- 17. The foreign exchange market -- 18. Forward exchange and international financial investment -- 19. What determines exchange rates? -- 20. Government policies toward the foreign exchange market -- 21. International lending and financial crises -- Part 4. Macro policies for open economics -- 22. How does the open macroeconomy work? -- 23. Internal and external balance with fixed exchange rates -- 24. Floating exchange rates and internal balance -- 25. National and global choices : floating rates and the alternatives -- Appendixes A. The Web and the library : international numbers and other information -- B. Deriving production-possibility curves -- C. Offer curves -- D. The nationally optimal tariff -- E. Accounting for international payments -- F. Many parities at once -- G. Aggregate demand and aggregate supply in the open economy -- H. Devaluation and the current account balance -- Suggested answers questions and problems.

International Economics (15th edition) continues to combine rigorous economic analysis with attention to the issues of economic policy that are alive and important today in this field. Written in a concise and readable format, Pugel uses economic terminology when enhancing the analysis so that the reader can build their understanding of global economic developments and evaluate proposals for changes in economic policies. The text is informed by current events and includes the latest in applied international research, all the time avoiding jargon for jargon's sake. Like earlier editions, Pugel also places international economics events within a historical framework. The overall treatment continues to be intuitive rather than mathematical and is strongly oriented towards policy.