International Economics: Global Market Competition (5th Edition)

by Henry Thompson

This text integrates trade theory and open economy macroeconomics with straightforward diagrams and numerous examples. The emphasis is on the gains from competitive trade and the limits of policy. Economics began with the political debate over import tariffs in England. Tariffs lead to net economic losses, except in a few circumstances, and would then lead to retaliation. Consumers and firms importing intermediate inputs lose due to tariffs, as do...

• Format: Paperback
• Language: English
• ISBN: 9811280258
• ISBN13: 9789811280252
• Release Date: April 2024
• Publisher: World Scientific Publishing Company
• Length: 368 Pages
• Weight: 1.41 lbs.
• Dimensions: 0.8" x 7.0" x 10.0"