Contiene: Labor productivity and comparative advantage : the Ricardian Model; Specific factors and income distribution; resources and trade: the Heckscher-Ohlin Model; the Standard Trade Model; Economies of scale, imperfect competition, and international trade: international factor movements; the instruments of trade policy; the political economy of trade policy; trade policy in developing countries; industrial policy in advanced countries; national income accounting and the balance of payments; exchange rates and the foreign exchange market; money, interest rates and exchange rates; price levels and the exchange rate in the long run; output an the exchange rate in the short run; fixed exchange rates and foreing exchange intervention; the International Monetary System 1870-1973; Macroeconomic policy and coordination under floating exchange rates; optimum currency areas and the European experience; the global capital market; developing countries: debt, stabilization and reform; international economic problems of former communist countries