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Test Bank for International Economics, 11th Edition by Dominick Salvatore

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International Economics, 11th Edition by Dominick Salvatore Test Bank

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Test Bank for International Economics, 11th Edition by Dominick Salvatore

Table of Content

1 Introduction
2 The Law of Comparative Advantage
3 The Standard Theory of International Trade
4 Demand and Supply, Offer Curves, and the Terms of Trade
5 Factor Endowments and the Heckscher–Ohlin Theory
6 Economies of Scale, Imperfect Competition, and International Trade
7 Economic Growth and International Trade
8 Trade Restrictions: Tariffs
9 Nontariff Trade Barriers and the New Protectionism
10 Economic Integration: Customs Unions and Free Trade Areas
11 International Trade and Economic Development
12 International Resource Movements and Multinational Corporations
13 Balance of Payments
14 Foreign Exchange Markets and Exchange Rates
15 Exchange Rate Determination
16 The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates
17 The Income Adjustment Mechanism and Synthesis of Automatic Adjustments
18 Open-Economy Macroeconomics: Adjustment Policies
19 Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply
20 Flexible versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination
21 The International Monetary System: Past, Present, and Future

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