International Economics, 13th Edition by Dominick Salvatore Test Bank

International Economics, Thirteenth Edition by Dominick Salvatore Test Bank

ISBN: 1119554950,

ISBN: 9781119554929

Part 1: Global Trade Theory
1 The Principle of Comparative Advantage 29
2 The Standard Notion of Global Trade 53
3 Demand and Supply, Supply Curves, and The Conditions of Trade 77
4 Factor Endowments and The Heckscher–Ohlin Theory 99
5 Economies of Scale, Imperfect Competition, and Global Trade 138
6 Economic Growth and Global Trade 166

Part 2: International Trade Policy
8 Trade Restrictions: Tariffs 195
9 Nontariff Trade Barriers and The New Protectionism 226
10 Economic Integration: Customs Unions and Free Trade Areas 262
11 Global Trade and Economic Development 289
12 International Resource Movements and Multinational Corporations 319
13 Balance of Payments 347
14 Global Currency Markets and Exchange Rates 366
15 Exchange Rate Determination 401

Part 4: Open-Economy Macroeconomics and the Global Economic System
16 The Price Adjustment Mechanism With Flexible and Fixed Exchange Rates 437
17 The Income Adjustment Mechanism and Synthesis of Automatic Adjustments 464
18 Open-Economy Macroeconomics: Adjustment Policies 491
19 Prices and Output in An Open Economy: Aggregate Demand and Aggregate Supply 528
20 Flexible Versus Fixed Exchange Rates, The European Monetary System, and Macroeconomic Policy Coordination 552
21 The Global Economic System: Past, Present, and Future 586