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Preface
§1. Some distinctive features of International Economics: Theory and Policy.
This book emphasizes several of the newer topics that previous authors failed to treat in a systematic way:
?Asset market approach to exchange rate determination.
?Increasing returns and market structure.
?Politics and theory of trade policy.
?International macroeconomic policy coordination
?The word capital market and developing countries.
?International factor movements.
§2. Learning features:
?Case studies
?Special boxes
·Captioned diagrams
·Summary and key terms
·Problems
·Further reading
§3. Reference books:
·[美]保罗?克鲁格曼,茅瑞斯?奥伯斯法尔德,《国际经济学》,第6版,中译本,中国人民大学出版社,2007.
·李坤望主编,《国际经济学》,第二版,高等教育出版社,2005.
·Dominick Salvatore, International Economics, Prentice Hall International,第9版,清华大学出版社,英文版,2008.
Chapter 1
Introduction
·Nations are more closely linked through trade in goods and services, through flows of money, and through investment than ever before.
§1. What is international economics about?
Seven themes recur throughout the study of international economics:
?The gains from trade
(National welfare and income distribution)
?The pattern of trade
?Protectionism
?The balance of payments
?Exchange rate determination
?International capital market
§2. International economics: trade and money
?Part I (chapters 2 through 7) :international trade theory
?Part II (chapters 8 through 11) : international trade policy
?Part III (chapters 12 through 17) : international monetary theory
?Part IV (chapters 18 through 22) : international monetary policy
Chapter 2 World Trade: An Overview
§1 Who Trades with Whom?
1. Size Matters: The Gravity Model
The size of an economy is directly related to the volume of imports and exports.
Larger economies produce more goods and services, so they have more to sell in the export market. Larger economies generate more income from the goods and services sold, so people are able to buy more imports.
3 of the top 10
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