Vorwort
A concise and comprehensive examination of international trade, written with up-to-date examples and an engaging yet rigorous approach.

Autorentext
Menzie Chinn is Professor of Public Affairs and Economics at the University of WisconsinMadison. He is a co-editor of the Journal of International Money and Finance, a Research Associate in the International Finance and Macroeconomics Program of the National Bureau of Economic Research, and has been a visiting scholar at the International Monetary Fund, the Congressional Budget Office, the Federal Reserve Board, the European Central Bank, and the Banque de France. He served as Senior Staff Economist for International Finance on the President's Council of Economic Advisers (2000-01). He is coauthor with Jeffry Frieden of Lost Decades: The Making of America's Debt Crisis and the Long Recovery (2011, W. W. Norton), and contributor to Econbrowser, a weblog devoted to current macroeconomic issues. Douglas Irwin is John French Professor of Economics at Dartmouth College, a Research Associate of the National Bureau of Economic Research and a non-resident Senior Fellow at the Peterson Institute for International Economics. He served as president of the Economic History Association (202324). He has served on the staff of the President's Council of Economic Advisers in the 1980s and later worked in the International Finance Division at the Board of Governors of the Federal Reserve System. He was named one of Foreign Policy's 100 Global Thinkers of 2019 and the Financial Times has called him 'one of the world's foremost trade scholars'. He is the author of Clashing over Commerce: A History of US Trade Policy (University of Chicago Press, 2017), which The Economist and Foreign Affairs selected as one of their Best Books of the Year.

Klappentext
Understanding the globalized world economy is more important than ever before. This book provides a clear, concise, and up-to-date look at the economic foundations of international trade. The authors explain the principal concepts in an engaging and accessible manner open to students from any discipline, incorporating contemporary trade data through full-colour diagrams and graphs. Throughout, economic models are discussed in the context of recent and current international trade issues, to ensure students gain a concrete understanding and see how the field impacts the real world. Written for upper undergraduate courses, the book includes feature boxes that marry theory and economics in practice to show models applied, a featured real-world application for every chapter, and over 100 end-of-chapter questions help students fully engage with and consolidate their learning. Online resources for instructors include a solutions manual, lecture slides and the book figures as JPEGs.

Zusammenfassung
A comprehensive, clear, and up-to-date introduction to the basic theory used by economists to understand global trade for advanced undergraduates. Important concepts are illustrated with real-world examples and over 100 end-of-chapter questions consolidate learning.

Inhalt

Preface; 1. Introducing the global economy; 2. Gains from trade; 3. Exploring the gains from trade; 4. Trade and comparative advantage; 5. Trade and factor endowments; 6. Factor mobility; 7. Product variety; 8. Trade policy; 9. Trade intervention; 10. Trade policy; References; Index.