Front Matter

Front Matter Introduction

About the Author

Acknowledgments

Chapter 1: Trade in the Global Economy

Chapter Introduction

1 International Trade

2 Migration and Foreign Direct Investment

3 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

NETWORK

Chapter 2: Trade and Technology: The Ricardian Model

Chapter Introduction

1 Reasons for Trade

2 Ricardian Model

3 Determining the Pattern of International Trade

4 Solving for International Prices

5 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

Chapter 3: Gains and Losses from Trade in the Specific-Factors Model

Chapter Introduction

1 Specific-Factors Model

2 Earnings of Labor

3 Earnings of Capital and Land

4 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

NETWORK

Chapter 4: Trade and Resources: The Heckscher-Ohlin Model

Chapter Introduction

1 Heckscher-Ohlin Model

2 Testing the Heckscher-Ohlin Model

3 Effects of Trade on Factor Prices

4 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

NETWORK

Chapter 5: Movement of Labor and Capital Between Countries

Chapter Introduction

1 Movement of Labor Between Countries: Migration

2 Movement of Capital Between Countries: Foreign Direct Investment

3 Gains from Labor and Capital Flows

4 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

NETWORK

Chapter 6: Increasing Returns to Scale and Monopolistic Competition

Chapter Introduction

1 Basics of Imperfect Competition

2 Trade Under Monopolistic Competition

3 The North American Free Trade Agreement

4 Intra-Industry Trade and the Gravity Equation

5 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

NETWORK

Chapter 7: Offshoring of Goods and Services

Chapter Introduction

1 A Model of Offshoring

2 The Gains from Offshoring

3 The Politics and Future of Offshoring

4 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

Chapter 8: Import Tariffs and Quotas Under Perfect Competition

Chapter Introduction

1 A Brief History of the World Trade Organization

2 Gains from Trade

3 Import Tariffs for a Small Country

4 Import Tariffs for a Large Country

5 Import Quotas

6 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

NETWORK

Chapter 9: Import Tariffs and Quotas Under Imperfect Competition

Chapter Introduction

1 Tariffs and Quotas with Home Monopoly

2 Tariffs with Foreign Monopoly

3 Dumping

4 Policy Response to Dumping

5 Infant Industry Protection

6 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

Chapter 10: Export Policies in Resource and High-Technology Industries

Chapter Introduction

1 WTO Goals on Agricultural Export Subsidies

2 Export Subsidies in a Small Home Country

3 Export Subsidies in a Large Home Country

4 Production Subsidies

5 Export Tariff

6 Export Quotas

7 High-Technology Export Subsidies

8 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

Chapter 11: International Agreements: Trade, Labor, and the Environment

Chapter Introduction

1 International Trade Agreements

2 International Agreements on Labor Issues

3 International Agreements on the Environment

4 Conclusions

KEY POINTS

KEY TERMS

PROBLEMS

NETWORK