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International Economics 13th Edition By Robert J. Carbaugh

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Document details

Pages: 580
File size: 6.91 MB
Format: Digital PDF
Course: Economics
Category: eBook[PDF]

About this ebook

International Economics, 13th Edition by Dr. Robert J. Carbaugh is a market-leading textbook celebrated for its clear, concise, and contemporary introduction to international trade and finance theory. Published on January 1, 2010, by South-Western Publishing, this edition balances rigorous economic concepts with highly accessible real-world policy applications. [1, 2, 3]

📋 Key Details

Author: Dr. Robert J. Carbaugh (Professor of Economics at Central Washington University)
Publisher: South-Western College Publishing
Publication Date: January 1, 2010
Page Count: 556 pages
ISBN-10: 1439038945
ISBN-13: 978-1439038949 [1, 2, 3, 4]

📖 Core Structure and Themes

The textbook is broadly divided into two major fields of international economics: [1, 2]

1. International Trade Relations (Chapters 1–9)

Foundations of Trade: Explores absolute and comparative advantage theories, production possibilities frontiers, and opportunity costs.
Trade Theories: Covers modern trade models, including the Heckscher-Ohlin theory, economies of scale, and intra-industry trade.
Protectionism and Policy: Analyzes the economic impacts of tariffs, quotas, non-tariff barriers, and export subsidies.
Trade Integration: Reviews regional trading blocs like NAFTA (now USMCA) and global organizations like the World Trade Organization (WTO). [1, 2]

2. International Monetary Relations & Macroeconomics (Chapters 10–16)

Balance of Payments: Breaks down how nations track international transactions, including the current, capital, and financial accounts. [1]
Foreign Exchange: Evaluates the mechanics of foreign exchange markets, spot/forward rates, and currency derivatives.
Exchange Rate Determination: Explores what causes currencies to appreciate or depreciate, focusing on inflation, interest rates, and purchasing power parity (PPP).
Macroeconomic Policy: Discusses fixed vs. floating exchange rate systems, central bank interventions, and international financial crises. [1]