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Author:   Dominick Salvatore (Fordham University)
Publisher:   John Wiley and Sons Ltd
Imprint:   John Wiley & Sons Ltd
Edition:   3rd Revised edition
Dimensions:   Width: 19.10cm , Height: 2.50cm , Length: 23.40cm
Weight:   0.953kg
ISBN:  

9780470934890

ISBN 10:   0470934891
Pages:   512
Publication Date:   10 October 2011
Audience:   College/higher education ,  Tertiary & Higher Education
Replaced By:   9781118659809
Format:   Hardback
Publisher's Status:   Out of Print
Availability:   Out of stock  

Table of Contents

1. Introduction to the Global Economy 1 PART ONE: INTERNATIONAL TRADE THEORY 29 2. Comparative Advantage 31 3. The Standard Trade Model 55 4. The Heckscher–Ohlin and Other Trade Theories 80 PART TWO: INTERNATIONAL TRADE POLICY 113 5. Trade Restrictions: Tariffs 115 6. Nontariff Trade Barriers and the Political Economy of Protectionism 137 PART THREE: INTERNATIONAL TRADE AND INVESTMENT RELATIONS 175 7. Economic Integration 177 8. Growth and Development with International Trade 200 9. International Resource Movements and Multinational Corporations 226 PART FOUR: THE BALANCE OF PAYMENTS, FOREIGN EXCHANGE MARKETS, AND EXCHANGE RATES 255 10. Balance of Payments 257 11. The Foreign Exchange Market and Exchange Rates 280 12. Exchange Rate Determination 308 PART FIVE: OPEN-ECONOMY MACROECONOMICS 331 13. Automatic Adjustments with Flexible and Fixed Exchange Rates 333 14. Adjustment Policies 362 PART SIX: THE INTERNATIONAL MONETARY SYSTEM: PAST, PRESENT, AND FUTURE 389 15. Flexible versus Fixed Exchange Rates, European Monetary Systems, and Macroeconomic Policy Coordination 391 16. The International Monetary System: Past, Present, and Future 418

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Author Information

Dominick Salvatore is the Distinguished Professor of Economics and the Director of the Ph.D. Program in Economics at Fordham University in New York City. He is the Honorary Professor at the Shanghai Finance University and Hunan University and was a Visiting Professor at various universities including University of Rome (2003-2010), American University in Cairo (2007), University of Pretoria (2009), Peking University (2009-2011), University of Trieste (1996-2002), and University of Vienna (1995-2003). Dr. Salvatore is a Fellow of the New York Academy of Sciences and past Chairman of its Economics Section. He is also the past president of the North American Economic and Finance Association (NAEFA) and the International Trade and Finance Association (ITFA). He is a Consultant to the United Nations, the World Bank, the International Monetary Fund, the Economic Policy Institute, and several major international corporations and global banks. He is the co-editor of the Journal of Policy Modeling and the Open Economies Review, the Associate Editor of The American Economist and Frontiers in Finance and Economics, and the past Editor of the Handbook Series in Economics, Greenwood Press. He has given more than 500 lectures around the world, was awarded the Achievement Award by the City of University of New York in 1997, and was nominated for the 2010 National Medal of Science awarded by the President of the United States.

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