Introduction, International Trade Theory, The Law of Comparative Advantage, The Standard Theory of International Trade, Demand and Supply and Offer Curves and the Terms of Trade, Factor Endowments and the Heckscher-Ohlin Theory, Economies of Scale and Imperfect Competition and International Trade, Economic Growth and International Trade, International Trade Policy, Trade Restrictions: Tariffs, Nontariff Trade Barriers and the New Protectionism, Economic Injtegration: Customs Unions and Free Trade Areas, International Trade and Economic Development, International Resource Movements and Multinational Corporations, Foreign Exchange Markets and Exchange Rate ande the Balance of Payments, Foreign Exchange Markets and Exchange Rates, Balance of Payments, Open-Economy Macroeconomics: Adjustment in the Balance of Payments and Domestic Stability, The Income Adjustment Mechanism and Synthesis of Automatic Adjustments, The Monetary and Portfolio Balance Approaches, Name and Subject Index.