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This text is a rigorous introduction to international economics for upper-level undergraduates and above. The first half examines the causes and effects of international trade, how tariffs and other trade policies affect the gains from trade, and the ways in which governments try collectively to regulate those policies. The second half deals with monetary matters - the behavior of exchange rates, how trade and capital flows affect the functioning of monetary and fiscal policies, the causes and management of currency crises, and the new European Monetary Union (EMU). This fourth edition assesses the outcome of the Uruguay Round of trade negotiations, the work of the new World Trade Organization (WTO), and the challenges posed by regional trade blocs. It surveys recent theoretical work on currency crisis, examines recent crises in emerging-market countries and the role of the International Monetary Fund (IMF), and appraises innovations in exchange-rate arrangements, including the EMU and the use of currency boards by emerging-market countries. A problem set follows each chapter.

International economic relations --- Droit international économique --- Droit économique (Droit international) --- Droit économique international --- Economic policy [Foreign ] --- Economic relations [Foreign ] --- Economics [International ] --- Economische betrekkingen [Internationale ] --- Foreign economic policy --- Interdependence of nations --- International economic policy --- International economics --- Internationale economische betrekkingen --- New international economic order --- Relations économiques internationales --- 339.54 --- 339.7 --- AA / International- internationaal --- 382.0 --- 382.10 --- 382.242.0 --- 330.00 --- 382.20 --- 333.450 --- Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel --- Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- Algemeenheden. Techniek en praktijk van de internationale handel. Internationale economische betrekkingen. --- Theorieën van internationale en interregionale handel: algemeenheden. Comparatieve voordelen. --- Balans van het kapitaalverkeer: algemeenheden. --- Economische en sociale theorieën: algemeenheden. --- Internationale betalingen en betalingsbalans: algemeenheden. --- Theorie van het deviezenverkeer. Theorie van de koopkrachtpariteit. --- 339.7 Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- 339.54 Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic relations --- Economic policy --- International relations --- Economic sanctions --- Mathematical models --- Economische en sociale theorieën: algemeenheden --- Theorie van het deviezenverkeer. Theorie van de koopkrachtpariteit --- Algemeenheden. Techniek en praktijk van de internationale handel. Internationale economische betrekkingen --- Theorieën van internationale en interregionale handel: algemeenheden. Comparatieve voordelen --- Internationale betalingen en betalingsbalans: algemeenheden --- Balans van het kapitaalverkeer: algemeenheden --- Business, Economy and Management --- Economics --- International economic relations. --- Mathematical models. --- Relations économiques internationales. --- Modèles mathématiques. --- Relations économiques internationales. --- Droit international économique --- Modèles mathématiques.