Key features:
Current application emphasis: The relevance of theory is demonstrated through a wealth of up-to-date examples of the complex consequences of outsourcing, globalization, free trade, tariffs and exchange rate adjustments.
Instructional flexibility: INTERNATIONAL ECONOMICS, Twelfth Edition, lets instructor's present material in the order they want. For example, International Trade Relations is presented before International Monetary Relations, but the order can be reversed. Instructors can begin with Chapters 10-17 and conclude with Chapters 2-9. All or parts of Chapters 6-9 and Chapter 13 can easily be omitted, as well as Chapters 15-17.
Current themes: Five themes run through the text that are at the forefront of international economics today--Globalization of Economic Activity; Free Trade and Quality of Life; Trade Conflicts Between Developing and Industrial Nations; Liberalizing Trade; and The Dollar as a Reserve Currency.
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