Introduction
The World of International Economics

Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo
The Classical World of David Ricardo and Comparative Advantage
Extensions and Tests of the Classical Model of Trade

Introduction to Neoclassical Trade Theory: Tools to Be Employed
Gains from Trade in Neoclassical Theory
Offer Curves and the Terms of Trade
The Basis for Trade: Factor Endowments and the Heckscher-Ohlin Model
Empirical Tests of the Factor Endowments Approach

Post Heckscher-Ohlin Theories of Trade and Intra-Industry Trade
Economic Growth and International Trade
International Factor Movements

The Instruments of Trade Policy
The Impact of Trade Policies
Arguments for Interventionist Trade Policies
Political Economy and Recent U.S. Trade Policy
Economic Integration
International Trade and the Developing Countries

The Balance of Payments Accounts
The Foreign Exchange Market
International Financial Markets and Instruments: An Introduction
The Monetary and Portfolio Balance Approaches to External Balance
Price Adjustments and Balance of Payments Disequilibrium
National Income and the Current Account

Economic Policy in the Open Economy: Fixed Exchange Rates
Economic Policy in the Open Economy: Flexible Exchange Rates
Prices and Output in the Open Economy: Aggregate Supply and Demand

Fixed or Flexible Exchange Rates?
The International Monetary System: Past, Present, and Future