International economics /
Bo Sodersten and Geoffrey Reed.
- 3rd ed.
- New York : St. Martin's Press, 1994.
- xl, 714 p. : ill. ; 24 cm.
Revision of the 1970 Harper & Row ed. of the work first published in Swedish under title: Internationell ekonomi.
Includes bibliographical references (p. 682-698) and indexes.
CONTENTS: The Basic Geometry of Comparative Advantage and the Gains from Trade -- The Classical Model and the Specific Factors Model -- The Heckscher-Ohlin Model -- Technology Difference Models -- The Gains from Inter-- Industry Trade, the Distribution of Income and Adjustment - Empirical Testing of Theories of Inter-Industry Trade - - Factor Accumulation and Technological Progress in Inter-Industry Trade -- Intra-Industry Trade - Empirical Work in Intra-Industry Trade -- The Partial Equilibrium Analysis of Trade Policy -- The General Equilibrium Analysis of Trade Policy -- Trade Policy and Distortions in Domestic Markets -- Trade Policy and Imperfect Competition -- Further Topics in Trade Theory and Policy -- The Political Economy of Protection - The Theory of Customs Unions -- The General Agreement on Tariffs and Trade -- Trade Policy and the Less-Developed Countries -- Import-Substitution Versus Export-Promotion -- Empirical Studies in Trade Policy -- International Factor Movements - Direct Investment and the Multinational Enterprise -- The Balance of Payments -- The Market for Foreign Exchange - Foreign Trade and National Income -- The Capital Account -- The Determination of a Floating Exchange Rate -- Macroeconomic Policy with Floating Exchange Rates -- Macroeconomic Policy with Fixed and Pegged Exchange Rates -- Two Debates:Exchange Rate Systems and Policy Co-ordination -- The International Monetary System.
This revised edition of this text contains comprehensive treatment of the theoretical and practical aspects of the subject applied to both developed and less-developed countries. It has been substantially re-written and updated to incorporate new methods of analysis and recent empirical work.