Includes bibliographical references and index.

CONTENTS : LIST OF TABLES ; FIGURES, AND BOXES ; PREFACE ; INTRODUCTION ; PART I: BASIS AND GAINS FROM INTER- INDUSTRY TRADE ; 1. BASIS OF INTER-INDUSTRY TRADE ; 2. GAINS FROM TRADE ; 3. COMPARATIVE ADVANTAGE AND GAINS FROM TRADE ; 4. INTERNATIONAL EQUILIBRIUM AND THE TERMS OF TRADE ; PART II: THEORIES OF COMPARATIVE ADVANTAGE AND PATTERNS OF TRADE ; 5. TECHNOLOGY AND TRADE ; 6. FACTOR ENDOWMENT AND TRADE ; 7. DIGRESSIONS ON FACTOR ENDOWMENT THEORY AND TRADE EMPIRICS ; PART III: BASIS AND GAINS FROM INTRA-INDUSTRY TRADE ; 8. THEORIES OF INTRA-INDUSTRY TRADE ; PART IV: TRADE INTERVENTION AND COORDINATION ; 9. IMPORT TARIFF AND EXPORT SUBSIDIES ; 10. QUANTITATIVE RESTRICTIONS, NON-TARIFF BARRIERS, AND EQUIVALENCE ; 11. MARKET IMPERFECTION AND TRADE POLICY ; 12. POLITICAL ECONOMY AND TRADE POLICY ; 13. MARKET FAILURE, DISTORTIONS, AND TRADE POLICY ; 14. MULTILATERALISM AND REGIONALISM ; PART V: INPUT TRADE, SERVICES, AND GROWTH ; 15. TRADE, GROWTH, AND INCLUSION ; 16. FACTOR TRADE, FOREIGN CAPITAL FLOW AND MIGRATION ; 17. SERVICES TRADE ; PART VI: STANDARDS, REGULATIONS, AND MULTILATERAL TRADE AGREEMENTS ; 18. PRODUCT STANDARDS, REGULATIONS, AND TRADE ; 19. WORLD TRADE ORGANIZATION AND TRADE AGREEMENTS ; PART VII: THEORY OF BALANCE OF PAYMENTS AND OPEN ECONOMY MACROECONOMICS ; 20. BALANCE OF PAYMENTS AND NATIONAL INCOME ACCOUNTING ; 21. NATIONAL INCOME AND CURRENT ACCOUNT BALANCE: THE INCOME APPROACH ; 22. INTERNATIONAL CURRENCY SYSTEMS AND EXCHANGE RATE REGIMES ; 23. BOP ADJUSTMENT POLICIES IN A PEGGED EXCHANGE RATE REGIME ; 24. MONEY, PRICE, AND EXCHANGE RATE ; 25. CURRENCY REGIMES REVISITED ; GLOSSARY OF INTERNATIONAL AGENCIES ; INDEX ; ABOUT THE AUTHOR