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This classic textbook offers a comprehensive and balanced treatment of international economic theory and its policy applications. The book is divided into two parts — the first covering international trade theory (Ricardian, Heckscher‑Ohlin, imperfect competition and new trade models) and the second covering open‑economy macroeconomics and international finance (exchange rates, balance of payments, monetary policy). Widely used in undergraduate and graduate courses, the text combines rigorous theoretical modelling with real-world policy discussions to help students understand global economic integration, trade policy, and the effects of globalization
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Publisher: Addison-Wesley
Publishing Year: 2002
ISBN: 978‑0201770377
Pages: 784