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International trade

By: Feenstra, Robert CContributor(s): Taylor, Alan MPublication details: New York Macmillan International 2021Edition: 5th edDescription: 392pISBN: 9781319382865Subject(s): International economic relations | International trade | International financeDDC classification: 337 Summary: This book was developed in the classroom by two of the most prominent researchers in the field who saw a need for a text with fresh theories and perspectives. Seamlessly blending theory and data with real-world policies, events, and evidence,Author's International Trade provides engaging, balanced coverage and applications of key concepts. The Fifth edition includes: new coverage on NAFTA and USMCA; new coverage on "the political economy of migration"; new coverage of trade policy, including President Trump's tariffs on imports from China; data, examples and applications updated throughout; integrated updates about the impact of COVID-19.
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Table of Contents:

Part -I
1. Introduction to international trade
2. Trade in the global economy

Part - II
3. Patterns of international trade
4.Trade and technology: the Ricardian model
5. Gains and losses from trade in the specific-factors model
6. Trade and resources: the Heckscher-Ohlin model
7. Movement of labor and capital between countries

Part - III
8. New explanations for international trade
9. Increasing returns to scale and monopolistic competition
10. Offshoring of goods and services

Part - IV
11. International trade policies. Import tariffs and quotas under perfect competition
12. Import tariffs and quotas under imperfect competition
13. Export policies in resource-based and high-technology industries
14. International agreements on trade and the environment

This book was developed in the classroom by two of the most prominent researchers in the field who saw a need for a text with fresh theories and perspectives. Seamlessly blending theory and data with real-world policies, events, and evidence,Author's International Trade provides engaging, balanced coverage and applications of key concepts. The Fifth edition includes: new coverage on NAFTA and USMCA; new coverage on "the political economy of migration"; new coverage of trade policy, including President Trump's tariffs on imports from China; data, examples and applications updated throughout; integrated updates about the impact of COVID-19.

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