International Economics

Author: Wang Peizhi
Publisher:
Publish Date: 2004-07-01
Features: International Economics is a discipline that studies the optimal allocation of resources within the international sphere and the impact of international economic relations on resource allocation. The book is divided into three parts: International Trade, International Finance, and International Factor Mobility. The International Trade section primarily elucidates trade fundamentals, trade conditions, and the distribution of trade benefits. The International Finance section includes theories and institutions of exchange rates, theories and policies of balance of payments adjustment, and the international monetary system. The International Factor Mobility section covers the international flow of capital and labor, as well as theories of multinational corporations.