New Edition Chapters

1 Introduction (sample)

1 Introduction (updated)

PART I: INTERNATIONAL TRADE

2 Absolute Advantage

3 Ricardian Model of Comparative Advantage

Erratum: In Figure 3.5 on p. 53, both the EJM and the EVR distances are in the wrong place! They should be between points B and C and not the origin and point C. My apologies! The equivalent Figure 4.7 on p. 68 is correct.

Updated Figure 3.5

4 Hecksher-Ohlin Model of Comparative Advantage

5 Intra-Industry Trade

6 The Political Economy of Trade

7 Trade Policy Analysis

8 The World Trade Organization

9 Preferential Trade Agreements

PART II: INTERNATIONAL PRODUCTION

10 Multinational Enterprises and Foreign Direct Investment

11 Global Value Chains

12 Engaging International Production

13 Migration

PART III: INTERNATIONAL FINANCE

14 Accounting Frameworks

15 Global Capital Flows

16 Exchange Rates and Purchasing Power Parity

17 Flexible Exchange Rates

18 Fixed Exchange Rates

19 International Monetary System

20 Crises and Responses

21 Monetary Unions

22 Growth in the Open Economy