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The international economy /

Kenen, Peter B., 1932-

The international economy / Peter B. Kenen. - Fourth edition - x, 610 pages : illustrations ; 27 cm.

Includes bibliographical references and index.

Preface; Part I. Introduction: 1. The nation as an economic unit; Part II. International Trade Theory and Policy: 2. Comparative advantage and the gains from trade; 3. Economic efficiency and comparative advantage; 4. Factor endowments and comparative advantage; 5. Factor substitution and a modified Ricardian model; 6. Factor substitution and the Heckscher-Ohlin model; 7. Imperfect competition and international trade; 8. Trade and factor movements; 9. Instruments and uses of trade policy; 10. The evolution of trade policy; 11. The future of the trading system; Part III. International Monetary Theory and Policy: 12. The balance of payments and foreign exchange market; 13. Incomes and the current account; 14. Exchange rates and the current account; 15. Interest rates and the capital account; 16. Expectations, exchange rates, and the capital account; 17. Stocks, flows, and monetary equilibrium; 18. Asset markets, exchange rates, and economic policy; 19. The evolution of the monetary system; 20. The future of the monetary system; Appendices; List of abbreviations; Index.


This text is a rigorous introduction to international economics for upper-level undergraduates and above.



9780521644358 0521644356 (pbk.) 052100604x 0521643074 9780521643078


International economic relations.
International economic relations--Mathematical models.
International economic relations.

HF1359 / .K46 2000

337 / K.P.T