Most of the existing textbooks on international economics - a widely taught and ighly popular subject - are long and too detailed and advanced for many students. This book, first published in 1983, and written by a respected leading authority, presents the essentials of the topic in a simple and straightforward way. The book contains the minimum of algebra and avoids detailed proofs. It incorporates the most recent theoretical advances and discusses current issues in comercial policy. Moreover, it puts less emphasis than other textbooks on trade theory and more on balance of payments theory and on questions of international finance and international finance anf international monetarism which are the areas of current concern.
1. The changing world 2. The pure theory of International trade 3. Commercial policy I: Tarrifs and the theory of protection 4. Comercial policy II: The effects of protection 5. Customs unions 6. The traditional balance of payments theory 7. Keynesian balance of payments theories 8. The monetary theory of the balance of payments 9.The foreign exchange market 10. The exchange rate and economic policy 11. International finance 12. The International monetary system 13. The Eurocurrency market