Global economic issues and policies / Joseph P. Daniels and David D. VanHoose.

Revised edition of the authors' Global economic issues and policies, 2014.

Includes index.

Introduction to the global economy -- Understanding the global economy -- Comparative advantage : how nations can gain from international trade -- International trade : enduring issues -- Sources of comparative advantage -- Regulating international trade : trade policies and their effects -- Regionalism and multilateralism -- International finance : enduring issues -- Balance of payments and foreign exchange markets -- Exchange-rate systems, past to present -- The power of arbitrage : purchasing power and interest rate parities -- Global money and banking : where central banks fit into the world economy -- Contemporary global economic issues and policies -- Can globalization lift all boats? -- Economic development -- Industrial structure and trade in the global economy : businesses without borders -- The public sector in the global economy -- Dealing with financial crises : does the world need a new international financial architecture? -- Glossary -- Index.