Table of Content

I. INTRODUCTION AND INSTITUTIONS
1. The United States in a Global Economy
2. International Economic Institutions since World War II

II. INTERNATIONAL TRADE
3. Comparative Advantage and the Gains from Trade
4. Comparative Advantage and Factor Endowments
5. Beyond Comparative Advantage
6. The Theory of Tariffs and Quotas
7. Commercial Policy
8. International Trade and Labor and Environmental Standards

III. INTERNATIONAL FINANCE
9. Trade and the Balance of Payments
10. Exchange Rates and Exchange Rate Systems
11. An Introduction to Open Economy Macroeconomics
12. International Financial Crises

IV. REGIONAL ISSUES IN THE GLOBAL ECONOMY
13. The United States in the World Economy
14. The European Union: Many Markets into One
15. Trade and Policy Reform in Latin America
16. The BRIC Countries in the World Economy
17. Export-Oriented Growth in East Asia

International Economics uses a rich array of case studies to illuminate economic institutions and policies as well as recent developments in the global economy—without students having to rely on a prerequisite knowledge of higher-level math. Further, the text's flexible approach—with self-contained chapters and comprehensive coverage—allows instructors to adapt the text easily to a wide range of syllabi.

The sixth edition preserves the organization and coverage of the fifth edition and adds a number of updates and enhancements. All tables and graphs have been updated and every chapter begins with a list of student learning outcomes. Chapter 13, The United States in the World Economy, is heavily revised and refocused towards U.S. international economic relations, including NAFTA, but adds material on other trade agreements, including a new case study on preferential agreements such as the African Growth and Opportunity Act.