Published by Pearson (February 28, 2022) © 2022

Paul Krugman | Maurice Obstfeld | Marc Melitz
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    ISBN-13: 9781292417332

    International Trade: Theory and Policy, Global Edition ,12th edition

    Language: English

    For courses in International Trade.

    A balanced approach to theory and policy applications

    International Trade: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the discipline. An intuitive introduction to trade theory is followed by detailed coverage of policy applications. With this new 12th Edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University continues to set the standard for International Economics courses.

    Also available with MyLab Economics: MyLab™ Economics is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.

    Students, if interested in purchasing this title with MyLab Economics, ask your instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information.

    • 1. Introduction

    PART 1: International Trade Theory

    • 2. World Trade: An Overview
    • 3. Labor Productivity and Comparative Advantage: The Ricardian Model
    • 4. Specific Factors and Income Distribution
    • 5. Resources and Trade: The Heckscher-Ohlin Model
    • 6. The Standard Trade Model
    • 7. External Economies of Scale and the International Location of Production
    • 8. Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises

    PART 2: International Trade Policy

    • 9. The Instruments of Trade Policy
    • 10. The Political Economy of Trade Policy
    • 11. Trade Policy in Developing Countries
    • 12. Controversies in Trade Policy

    Mathematical Postscripts

    • Postscript to Chapter 5: The Factor-Proportions Model
    • Postscript to Chapter 6: The Trading World Economy
    • Postscript to Chapter 8: The Monopolistic Competition Model