Published by Pearson (February 28, 2022) © 2022
Paul Krugman | Maurice Obstfeld | Marc MelitzFor 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.
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- 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