International Economics, 13th Edition provides students with a
comprehensive, up-to-date review of the field's essential
principles and theory. This comprehensive textbook explains the
concepts necessary to understand, evaluate, and address the
economic problems and issues the nations of the world are currently
facing, and are likely to face in the future. Balancing depth and
accessibility, the text helps students identify the real-world
relevance of the material through extensive practical applications
and examples. The new, thoroughly-updated and expanded edition
provides students with a solid knowledgebase in international trade
theory and policy, balance of payments, foreign exchange markets
and exchange rates, open-economy macroeconomics, and the
international monetary system. The text uniquely employs the same
graphical and numerical model in chapters that cover the same basic
concept, allowing students to recognize the relationship among the
different topics without having to start with a new example each
time. Clear, straightforward discussions of each key concept and
theory are complemented by concrete, accessible, and relatable
examples that serve to strengthen student comprehension and
retention. Topics include the 'Great Recession, ' the increase in
trade protectionism, excessive volatility and large misalignments
of exchange rates, and the impacts of resource scarcity and climate
change to continued growth and sustainable development.
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