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Have you ever wondered what a term in international economics
means? This useful reference book offers a glossary of terms in
both international trade and international finance, with emphasis
on economic issues. It is intended for students getting their first
exposure to international economics, although advanced students
will also find it useful for some of the more obscure terms that
they have forgotten or never encountered.Besides an extensive
glossary of terms that has been expanded about 50% from the first
edition, there is a picture gallery of diagrams used to explain key
concepts such as the Edgeworth Production Box and the Offer Curve
Diagram in international economics. This section is followed by
over 30 lists of terms that occur a lot in international economics,
grouped by subject to help users find terms that they cannot
recall.Prior to an enlarged bibliography is an expanded section on
the origins of terms in international economics, which records what
the author has been able to learn about the origins of some of the
terms used in international economics. This is a must-have portable
glossary in international trade and international economics!
As tariffs on imports of manufactures have been reduced as a result
of multi-lateral trade negotiations, interest in the extent to
which existing nontariff barriers may distort and restrict
international trade is growing. Accurate and reliable measures are
needed in order to address the issues involving the use and impacts
of nontariff barriers. This study assesses currently available
methods for quantifying such barriers and makes recommendations as
to those methods that can be most effectively employed. The authors
focus both on the conceptual issues arising in the measurement of
the different types of nontariff barriers and on the applied
research that has been carried out in studies prepared by country
members of the OECD Pilot Group and others seeking to quantify the
barriers. Nontariff barriers include quotas, variable levies,
voluntary export restraints, government procurement regulations,
domestic subsidies, and antidumping and countervailing duty
measures. The authors discuss the many different methods available
for measuring the effects of these and other nontariff barriers.
Illustrative results are presented for industrial OECD countries,
including Australia, Canada, Germany, Norway, the European Union,
the United Kingdom, and the United States. Finally, the authors
offer guideline principles and recommend procedures for measuring
different types of nontariff barriers. Economists, political
scientists, government officials, and lawyers involved in
international trade will find this an invaluable resource for
understanding and measuring NTBs. Alan V. Deardorff and Robert M.
Stern are Professors of Economics and Public Policy, University of
Michigan.
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Nadine Gordimer
Paperback
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R398
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