A Guide to International Economics
by Shahruz Mohtadi (Author)

About the Author
Shahruz Mohtadi is a faculty member at Hult International Business School, and at Suffolk University, Boston, MA. He has over 35 years of experience teaching international economics to undergraduate and graduate students and author of articles in academic journals and books. He earned a BS in international trade and finance and a PhD and MS in economics from Louisiana State University, Baton Rouge, LA.

About this book
This book adopts a nontechnical approach to explaining the basis for trade between countries and the role of firms in global trade and describes the effect of tariffs and fluctuations in exchange rates on a company's sales, costs, and profits
The study of international economics has never been more vital than it is today. The past global financial crisis, the economic uncertainty in many advanced countries, increasing barriers to international trade, and currency crises have created challenges for both policy makers and corporate decision makers involved in international trade and finance. This book provides a concise and rigorous approach to the understanding of international trade and finance without relying on mathematical models or graphs. It explains the basis and pattern of trade, the effects of trade and trade policies on companies, national welfare, and the global economy. It explains the determination and changes in exchange rates. Finally, it describes the operation of the economy and examines the impact of national economic policies on the domestic economy and the rest of the world.
Corporate managers and MBA students must learn the complex interrelationships between trade policies; the actions of central banks; and changes in government spending and taxes on interest rates, prices, exchange rates, and economic activity. This book adopts a nontechnical approach to explaining the basis for trade between countries and the role of firms in global trade and describes the effect of tariffs and fluctuations in exchange rates on a company's sales, costs, and profits.

Brief contents
Introduction
Part I International Trade Theory
Chapter 1 The Basics of a Market: Supply and Demand and Equilibrium
Chapter 2 The Basis for Trade: Absolute Advantage and Comparative Advantage
Chapter 3 New Trade Theories: Economies of Scale, Product Differentiation, and Intra-industry Trade
Part II International Trade Policy
Chapter 4 Trade Policy Instruments: Tariffs, Quotas, Subsidies
Chapter 5 Arguments for Protection and the Political Economy of Trade Policy
Chapter 6 The World Trade Organization, International Trade Relations and Issues
Part III International Finance
Chapter 7 An Introduction to Open Economy Macroeconomics and the Balance of Payments
Chapter 8 The Foreign Exchange Market
Chapter 9 The Determination of the Exchange Rate
Part IV Macroeconomic Policies in an Open Economy
Chapter 10 Aggregate Demand, Aggregate Supply, Output, and Exchange Rates
Chapter 11 A Brief History of International Monetary Systems
Chapter 12 International Banking and International Capital Markets
Chapter 13 Epilogue
References
About the Author
Index

Pages: 148 pages
Publisher: Business Expert Press (May 29, 2019)
Language: English
ISBN-10: 1631574396
ISBN-13: 978-1631574399