Discover why Carbaugh's INTERNATIONAL ECONOMICS, 18E is favorite among students of all backgrounds for its clear, concise presentation of international trade and finance theory. This edition uses the latest examples from around the world as well as updated, practical applications to vividly demonstrate the relevance of the theory you are learning. This edition is organized around five themes that emphasize global economics and trade issues. This streamlined presentation is clear, concise, and contemporary with award-winning author Dr. Carbaugh.
- This edition's updated five main organizational themes now highlight globalization of economic activity, free trade and protectionism, trade conflicts between developing nations and industrial nations, liberalizing trade and turbulence in the global financial system.
- Updated coverage of economic theory prepares readers for more in-depth explorations of contemporary issues, such as wage insurance, foreign aid, and free trade’s impact on the environment.
- This edition’s memorable examples and practical applications highlight international economic theories at work in today’s real world. Helpful illustrations depict the complex consequences of outsourcing, globalization, free trade, tariffs and exchange rate adjustments.
- These reader-friendly, engaging themes emphasize issues at the forefront of international economics today, including the globalization of economic activity, free trade and protectionism, trade conflicts between developing nations and industrial nations, liberalizing trade and turbulence in the global financial system.
- MindTap includes PBS Newshour Videos, Explore it Further, Build the graph
1. The International Economy and Globalization
2. Foundations of Modern Trade Theory: Comparative Advantage
3. Sources of Comparative Advantage
4. Tariffs
5. Nontariff Trade Barriers
6. Trade Regulations and Industrial Policies
7. Trade Policies for the Developing Nations
8. Regional Trading Arrangements
9. International Factor Movements and Multinational Enterprises
International Monetary Relations
10. The Balance-of-Payments
11. Foreign Exchange
12. Exchange Rate Determination
13. Exchange Rate Adjustments and the Balance-of-Payments
14. Exchange Rate Systems and Currency Crises
15. Macroeconomic Policy in an Open Economy
Robert Carbaugh
Known for his excellence in teaching, Dr. Robert J. Carbaugh is professor of economics at Central Washington University. He has been honored with numerous top teaching awards, including the 1984 Excellence in Teaching award at the University of Wisconsin, Eau Claire and the Distinguished Professor of the University-Teaching award at Central Washington University in 1993.
