Название: International Economics: An Introduction to Theory and Policy, Second Edition
Автор: Rajat Acharyya
Издательство: Oxford University Press
Год: 2022
Страниц: 657
Размер: 15,43 МБ
Формат: PDF
Язык: English
Different approach than the existing text books: introducing basic principles of trade in the context of a general trading environment of open economies. Discussions of theories and policies intuitively, aided by graphical illustrations. Complementing trade theories with relevant trade empirics. Study aids in the form of case studies, examples, and cross references.
New to this Edition:
Detailed discussions of global value chains and virtual trade in intermediate services driven by time zone differences of countries.
Inclusions on intra-industry Trade: factor endowment and trade in vertically differentiated goods, and firm heterogeneity and export decision.
Lessons learnt from financial crises in the developing world, and most significantly, occurring under overvalued pegged (or crawling peg) exchange rate regimes with or without capital and exchange controls.