Table of Contents: Chapter 1: International Economics and the Global Economy 1.1 The Advance of Globalization 1.2 Why Some People Fear Globalization 1.3 Economic Models 1.4 How Much Further Will Globalization Go? 1.5 Introduction to the Remainder of the Book Chapter Summary | Questions and Problems | Suggested Readings| Internet Resources Chapter 2: The Open Economy 2.1 The Circular Flow of Economic Activity 2.2 Opening up the Economy 2.3 The Balance of Payments 2.4 Trends in the US balance of Payments 2.5 The International Investment Position 2.6 Foreign Exchange Markets and Exchange Rates 2.7 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 3: The Gains from Trade: A Partial Equilibrium View 3.1 Exchange and Specialization 3.2 All Nations Gain from Trade 3.3 Trade Motivated by Difference in Tastes 3.4 Comparative Advantage and Exchange Rates 3.5 Gains from Trade in the Case of Increasing Returns 3.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 4: Why Nations Trade: A Partial Equilibrium View 4.1 Using supply and Demand Models to Analyze Trade 4.2 Transport Costs and International Trade 4.3 Quantifying the Gains from Trade 4.4 Comparative Advantage and International Marketing 4.5 The Many challenges of Marketing Overseas 4.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 5: International Trade and Economic Growth 5.1 Economic Growth and Growth of International Trade 5.2 The Empirical Evidence on Trade and Growth 5.3 The Solow Growth Model 5.4 How Trade Causes Technological Progress 5.5 Technological Progress as Creative Destruction 5.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 6: Protectionism: How Nations Restrict Trade 6.1 Tariffs 6.2 Quotas 6.3 Other Trade Barriers 6.4 Rent Seeking Activity As a Cost of Protection 6.5 Dynamic Rent Seeking to Obstruct Creative Destruction 6.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 7: Why Do Countries Restrict Foreign Trade? 7.1: Trade Changes the Distribution of Total Welfare 7.2 Strategic Trade Policies 7.3 The Infant Industry Argument 7.4 Sanctions and National Security 7.5 The Political Economy of International Trade 7.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 8: Trade Policy: Past Present and Future 8.1 Trade Policy Before the Twentieth Century 8.2 Destroying Trade During the Interwar Period 8.3 Trade Policy After World War II: The GATT 8.4 The Ambitious Uruguay Round 8.5 The Doha Round 8.6. Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 9: Trade Discrimination: Free Trade Areas and Anti-Dumping Protection 9.1 The Theory of Trade Blocs 9.2 Economic Integration, Past and Present 9.3 The European Union 9.4 The North American Free Trade Area 9.5 Regional Versus Multilateral Free Trade: Further Issues 9.6 Fair Trade and Dumping 9.7 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 10: The Economics of International Investment 10.1 International Trade in Assets 10.2 A General Equilibrium Model of International Investment 10.3 A Partial Equilibrium Model of International Savings 10.4 Risk Reduction through International Diversification 10.5 International Investment and Economic Growth 10.6 International Investment Is Too Small 10.7 The Barriers to International Investment 10.8 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 11: The Many Forms of International Investment 11.1 Foreign Direct Investment 11.2 The Theory of Multinational Enterprises and FDI 11.3 Technology Transfers and Foreign Direct Investment 11.4 Portfolio Investment 11.5 International Banking 11.6 Foreign Aid 11.7 International Capital Flows: A Historical Perspective 11.8 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 12: The Foreign Exchange Market 12.1 The Evolution of the Foreign Exchange Market 12.2 Foreign Exchange Markets Today 12.3 Triangular Arbitrage 12.4 The Interest Parity Condition' 12.5 Effective Exchange Rates 12.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 13: Economics Policy in and Open Economy 13.1 Fixed Exchange Rates 13.2 Purchasing Power Parity 13.3 The Aggregate Demand/Aggregate Supply Model 13.4 Building an Exchange Rate Model 13.5 The Open-economy Trilemma 13.6.3 Two Dilemmas Equal One Trilemma 13.7 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 14: The Evolution of the International Financial System 14.1 Comparing International Financial Arrangements 14.2 International Finance Before the Gold Standard 14.3 The International Gold Standard: 1880-1914 14.4 The Gold Standard after World War I 14.5 The Bretton Woods System 14.6 Floating After Bretton Woods 14.7 Europe's Preference for Fixed Exchange rates 14.8 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 15: The International Migration of People 15.1 A Brief History of International Migration 15.2 The Supply-Side Effects of International Migration 15.3 Immigrants' effect of the Demand for Labor 15.4 The Evidence on Immigration's Net Economic Effects 15.5 Long-Run economic Growth and Immigration 15.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 16: Immigration Policy 16.1 Why Do So Few People Emigrate? 16.2 US Immigration Policy 16.3 Immigration Policies in Other Countries 16.4 Illegal Immigration 16.5 International Business and Immigration Law 16.6 Conclusions Chapter Summary Questions and Problems Suggested Readings Internet Resources Chapter 17: The Future Path of Globalization 17.1 Globalization Means Interdependence 17.2 Globalization and International Inequality 17.3 The Way Forward Suggested Readings | 
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