Solution Manual for International Economics 13th Edition Salvatore ISBN: 9781119554929

Description

Solution Manual for International Economics 13th Edition Salvatore ISBN: 9781119554929

Solution Manual for International Economics, 13th Edition, Dominick Salvatore, ISBN: 9781119554950, ISBN: 1119554950, ISBN: 9781119554929

Table of Contents

1 Introduction 1

Part 1 International Trade Theory
2 The Law of Comparative Advantage 29
3 The Standard Theory of International Trade 53
4 Demand and Supply, Offer Curves, and The Terms of Trade 77
5 Factor Endowments and The Heckscher–Ohlin Theory 99
6 Economies of Scale, Imperfect Competition, and International Trade 138
7 Economic Growth and International Trade 166

Part 2 International Trade Policy
8 Trade Restrictions: Tariffs 195
9 Nontariff Trade Barriers and The New Protectionism 226
10 Economic Integration: Customs Unions and Free Trade Areas 262
11 International Trade and Economic Development 289
12 International Resource Movements and Multinational Corporations 319
13 Balance of Payments 347
14 Foreign Exchange Markets and Exchange Rates 366
15 Exchange Rate Determination 401

Part 4 Open-Economy Macroeconomics and the International Monetary System
16 The Price Adjustment Mechanism With Flexible and Fixed Exchange Rates 437
17 The Income Adjustment Mechanism and Synthesis of Automatic Adjustments 464
18 Open-Economy Macroeconomics: Adjustment Policies 491
19 Prices and Output in An Open Economy: Aggregate Demand and Aggregate Supply 528
20 Flexible Versus Fixed Exchange Rates, The European Monetary System, and Macroeconomic Policy Coordination 552
21 The International Monetary System: Past, Present, and Future 586