This Study Guide is to
accompany : International Economics Theory and Practice, Krugman p., Obstfeld M.
Table of Contents
How to Use the Study Guide
Introduction
Overview of Section I:
International Trade Theory
Labor Productivity and
Comparative Advantage: The Ricardian Model
Specific Factors and
Income Distribution
Resources and Trade: The
Heckscher-Ohlin Model
The Standard Trade Model
Economies of Scale,
Imperfect Competition, and International Trade
International Factor
Movements
Overview of Section II:
International Trade Policy
The Instruments of Trade
Policy
The Political Economy of
Trade Policy
Trade Policy in Developing
Countries 1
Controversies in Trade
Policy 1
Overview of Section III:
Exchange Rates and Open-Economy
Macroeconomics
National Income Accounting
and the Balance of Payments
Exchange Rates and the
Foreign-Exchange Market: An Asset Approach
Money, Interest Rates, and
Exchange Rates
Price Levels and the
Exchange Rate in the Long Run
Output and the Exchange
Rate in the Short Run
Fixed Exchange Rates and
Foreign-Exchange Intervention
Overview of Section IV:
International Macroeconomic Policy
The International Monetary
System, 1870-1973
Macroeconomic Policy and
Coordination UnderFloating Exchange Rates
Optimum Currency Areas and
the European Experience
The Global Capital Market:
Performance and Policy Problems
Developing Countries:
Debt, Stabilization, and Reform
Study Guide Review
Question Solutions
325 pages