CHAPTER 1 WORLD TRADE AND THE NATIONAL ECONOMY
DEFINITION
WHAT IS UN IQUE ABOUT I NTERNAK ECONOMICS?
INTERNAL TRNAL TRANSACTIONS—AN EMPIRICAL GLIMPSE
FOREIGN TRADE IN THE NATIONAL ECONOMY
Aggregate Measures
Desegregation
Qualitative C0nsideradons
Summary
ORGANIZATON FO THLS BOOK
Summary
Important Concepts
Review Questions
PARTⅠ INTERNATIONAL TRADE RELATIONS
INTRODUCTION
Review Question
CHAPTER 2 WHY NATIONS TRADE
THE PRINCIPLE OF COMPAR ADIVE ADVANTAGE
The Gains from Trade
Demand C0nsideradons
COMPARATIVE OPPORTUNITY COST
Who Exports What?
The Limits to Mutually Beneficial Exchange
Examples from U.S.Trade
ABSOLUTE ADVANTAG E AN D Ho G E RATES
SUMMARY OF POLICY IMPLICATIONS
……
PARTⅡ INTERNATIONAL FINANCLAL RELATIONS
BIBLIOGRAPHY
INDEX