国际经济学（第六版）课后习题答案.doc

国际经济学（第六版）课后习题答案 Instructor’s Manual to accompany Krugman amp; Obstfeld International Economics: Theory and Policy Sixth Edition CHAPTER 1 Introduction Chapter Organization What is International Economics About? The Gains from Trade The Pattern of Trade Protectionism The Balance of Payments Exchange-Rate Determination International Policy Coordination The International Capital Market International Economics: Trade and Money Chapter Overview The intent of this chapter is to provide both an overview of the subject matter of international economics and to provide a guide to the organization of the text3. It is relatively easy for an instructor to motivate the study of international trade and finance. The front pages of newspapers, the covers of magazines, and the lead reports of television news broadcasts herald the interdependence of the U.S. economy with the rest of the world. This interdependence may also be recognized by students through their purchases of imports of all sorts of goods, their personal observations of the effects of dislocations due to international competition, and their experience through travel abroad. The study of the theory of international economics generates an understanding of many key events that shape our domestic and international environment. In recent history, these events include the causes and consequences of the large current account deficits of the United States; the dramatic appreciation of the dollar during the first half of the 1980s followed by its rapid depreciation in the second half of the 1980s; the Latin American debt crisis of the 1980s and the Mexico crisis in late 1994; and the increased pressures for industry protection against foreign competition broadly voiced in the late 1980s and more vocally espoused in the first half of the 1990s. Most recently, the financial crisis that began in East Asia in 1997 and spread to many countries around the globe and the Economic and Monetary Union in Europe hav