Thought-provoking and clearly explained, the new edition provides
students of international economics and international business with
a rigorous explanation of global economic theory and policy, both
current trends and historic developments. It explores key models
through case studies and review questions, enabling students to
challenge the reporting of economic events by press and government
alike. Split into 2 parts - International Trade and International
Finance - the text explains conceptual building blocks before
applying them to current events and controversies. Key issues
discussed include: the influence of transportation costs economies
of scale and the new economic geography the evaluation of
preferential trade agreements european Economic and Monetary Union
the integration of international financial markets international
financial crises, China and other emerging economies. Fully
illustrated with tables and figures to allow students to visualise
the issues discussed, the lively prose gives this book a refreshing
approach. An accompanying website also provides context and
coverage of the international financial crisis of October 2008,
including the so-called 'credit crunch' and the collapse of some
banking institutions.
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