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This text integrates trade theory and open economy macroeconomics
with straightforward diagrams and numerous examples. The emphasis
is on the gains from competitive trade and the limits of policy.
Economics began with the political debate over import tariffs in
England. Tariffs lead to net economic losses, except in a few
circumstances, and would then lead to retaliation. Consumers and
firms importing intermediate inputs lose due to tariffs, as do
export industries when other countries retaliate with tariffs of
their own. Import competing industries and the government gain from
tariffs.The present approach integrates theories of market behavior
and general equilibrium on the microeconomic side. Exchange rate
theory bridges from trade theory into balance of payments theory.
In the final chapter on open economy macroeconomics, the limits of
monetary and fiscal policies due to the competitive foreign
exchange market is the focus.Theoretical diagrams present the
theory without assuming intermediate theory. Numerous problems for
each section build confidence in applying the theory. Boxed
examples illustrate the importance of theory. Each chapter includes
a concise mathematical appendix that should appeal to students with
interest and to instructors preparing for class.
This text integrates trade theory and open economy macroeconomics
with straightforward diagrams and numerous examples. The emphasis
is on the gains from competitive trade and the limits of policy.
Economics began with the political debate over import tariffs in
England. Tariffs lead to net economic losses, except in a few
circumstances, and would then lead to retaliation. Consumers and
firms importing intermediate inputs lose due to tariffs, as do
export industries when other countries retaliate with tariffs of
their own. Import competing industries and the government gain from
tariffs.The present approach integrates theories of market behavior
and general equilibrium on the microeconomic side. Exchange rate
theory bridges from trade theory into balance of payments theory.
In the final chapter on open economy macroeconomics, the limits of
monetary and fiscal policies due to the competitive foreign
exchange market is the focus.Theoretical diagrams present the
theory without assuming intermediate theory. Numerous problems for
each section build confidence in applying the theory. Boxed
examples illustrate the importance of theory. Each chapter includes
a concise mathematical appendix that should appeal to students with
interest and to instructors preparing for class.
Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
International Economics: Global Markets and Competition integrates
the microeconomics of international trade with open economy
macroeconomics and finance. The theory is comprehensive but
presented with intuitive diagrams. The book emphasizes the gains
from international competition and the limits of trade
policy.Economics began during the Industrial Revolution with a
debate over import tariffs. To this day, domestic industries lobby
for tariff protection against foreign competition, paying lawmakers
for tariffs on imports. Only under special conditions do tariffs
lead to economic gains. Domestic importers of materials and
industrial products favor free trade, as do export industries since
tariffs encourage other countries to retaliate with tariffs of
their own.Trade theory includes market analysis and general
equilibrium models of the economy. This text integrates the full
range of trade theory with exchange rates, balance of payments,
international finance, and open economy growth and
macroeconomics.The presentation focuses on diagrams and avoids
equations and algebra. The theory is presented with numerical
examples. The text does not assume intermediate economics, instead
developing the theory with thorough explanations. Questions in each
section build confidence in applying the theory. Boxed examples
illustrate the importance of the theory.Students like the concise
and straightforward style. Instructors notice the difference on
exams.
New Edition: International Economics: Global Markets and
Competition (4th Edition)This book integrates the microeconomics of
trade with international finance and open economy macroeconomics.
The emphasis throughout is on international competition and the
limits of trade policy.Economics began with a debate over tariffs.
Domestic industries lobby for protection against foreign
competitors or export subsidies. Government policy makers dole
favors in return for cash and votes. Governments negotiate free
trade agreements but disregard them when possible with tariffs,
export subsidies, and other policies to influence foreign trade and
investment. The forces of international competition, however,
eventually overwhelm government policy.This text presents the
critical issues of international trade and finance. Trade theory
includes partial equilibrium market analysis, neoclassical trade
models, constant cost production, factor proportions production,
and models of industrial organization. The text integrates concepts
from international finance and the basic models of open economy
macroeconomics.The presentation uses graphs with numerical examples
making the theory easier for students, especially when combined
with more general classroom presentation. The text does not assume
previous courses in intermediate economics or calculus but develops
the theory with simple tools. Numerous questions give students
confidence to use the theoretical models and concepts.Over 250
boxed examples illustrate the theory, many with visually
descriptive charts and plots. The text is concise in its
presentation style. Students enjoy its clear straightforward style
and instructors notice the difference on exams. remove The
Instructor Manual is available upon request for all instructors who
adopt this book as a course text. Please send your request to
[email protected].
International Economics: Global Markets and Competition integrates
the microeconomics of international trade with open economy
macroeconomics and finance. The theory is comprehensive but
presented with intuitive diagrams. The book emphasizes the gains
from international competition and the limits of trade
policy.Economics began during the Industrial Revolution with a
debate over import tariffs. To this day, domestic industries lobby
for tariff protection against foreign competition, paying lawmakers
for tariffs on imports. Only under special conditions do tariffs
lead to economic gains. Domestic importers of materials and
industrial products favor free trade, as do export industries since
tariffs encourage other countries to retaliate with tariffs of
their own.Trade theory includes market analysis and general
equilibrium models of the economy. This text integrates the full
range of trade theory with exchange rates, balance of payments,
international finance, and open economy growth and
macroeconomics.The presentation focuses on diagrams and avoids
equations and algebra. The theory is presented with numerical
examples. The text does not assume intermediate economics, instead
developing the theory with thorough explanations. Questions in each
section build confidence in applying the theory. Boxed examples
illustrate the importance of the theory.Students like the concise
and straightforward style. Instructors notice the difference on
exams.
This book analyses the work of Oliver Stone - arguably one of the
foremost political filmmakers in Hollywood during the last thirty
years. From early productions like Platoon (1986) and Wall Street
(1987) to contemporary dramas and documentaries such as World Trade
Center (2006), Wall Street: Money Never Sleeps (2010) and The
Untold History of the United States (2012) Stone has re-defined
political filmmaking in an era when Hollywood and the United States
in general has been experiencing rapid and radical change. Drawing
on previously unseen production files as well as hours of
interviews with the director and his associates within the
industry, this book is a thematic exploration of Stone's life and
work, charting the development of political and aesthetic changes
in his filmmaking. Those changes are mapped onto academic debates
about the relationship between film and history as well as wider
critiques about Hollywood and the film industry. 'A wonderful,
bracing book, Scott and Thompson have brought exemplary clarity and
thoroughness to the complex and multifaceted career of Oliver
Stone. Dividing Stone's work into major themes such as War, Money
and Love, the authors provide a focused exploration of the critical
intelligence that permeates all of the filmmaker's work - and the
political thinking that informs it. Full of insights, this
beautifully written book is a major contribution to the literature
of film.' Robert Burgoyne, Chair in Film Studies at the University
of St Andrews, and author of Film Nation: Hollywood Looks at US
History (2010) 'Oliver Stone has cast greater light on
late-twentieth and early twenty-first century America than any
other movie-maker. In this incisive, erudite, and very well
conceived volume, Ian Scott and Henry Thompson offer a nuanced and
accessible thematic analysis of Stone's cinematic importance and -
with the benefit of their numerous interviews with him - his
understanding of the United States and its place in the world.
Well-written and deeply researched, this fine book is a major
contribution to film studies and should also be read by anyone
interested in America's recent past and current politics.' Iwan
Morgan, Commonwealth Fund Professor of American History, University
College London, and author of Reagan: American Icon -- .
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