Newly compiled International Economics

Author: Feng Xianzhong
Publisher:
Publish Date: 2003-03-01
Features: In the teaching of economics disciplines, international economics has become an increasingly important course. Currently, there are numerous textbooks available in China, including those translated from abroad and newly acclaimed editions, as well as locally written textbooks by domestic scholars. These cater to the learning needs of students at different levels and play a significant role in helping them grasp the fundamental systems and structures of the discipline while keeping them informed about its cutting-edge developments. International economics is a field that studies the optimal allocation of resources within the international sphere and the impact of international economic relationships on resource allocation. This book is divided into three main parts: International Trade, International Finance, and International Factor Mobility. The International Trade section primarily explains the basics of trade, trade conditions, and the distribution of trade benefits. The International Finance section covers exchange rate theory and institutions, theories and policies of balance of payments adjustment, and the international monetary system. The International Factor Mobility section includes the international flow of capital and labor, as well as theories of multinational corporations. This book is primarily intended for undergraduate students majoring in economics and related fields at universities as a textbook.