International economics 6th edition phần 10 pptx

... Taylor, “The Economics of Exchange Rates,” Journal of Economic Literature, March 1995, pp. 13–45. See also S. Blomberg, “Politics and Exchange Rate Forecasts,” Journal of International Economics, ... 158–65. See also V. Argy, International Macroeconomics: Theory and Policy (London: Routledge, 1994), pp. 406–7. 12 R. McKinnon, “Monetary and Exchange Rate Policies for International Eco...

Ngày tải lên: 14/08/2014, 22:21

... graphically: 1 – Introduction 11 International Economics, Sixth Edition The latest edition of International Economics improves and builds upon the popular features of previous editions. The graphs, tables ... production of wheat and steel (millions of tons) Wheat 100 90 80 70 60 50 40 30 20 10 0 Steel 0 10 20 30 40 50 60 70 80 90 100 100 60 0 40 100 Wheat Steel A B JP K...

Ngày tải lên: 14/08/2014, 22:21

... million tons @ Fr 100 = Fr 9 billion Steel imports, 45 million tons @ Fr 200 = Fr 9 billion 48 International economics France Germany Steel (per ton) Fr 300 DM 400 Wheat (per ton) Fr 100 DM 400 Ratio ... different factors of production when prices change internationally. This approach does not predict that some factors gain a little and 52 International economics We have already det...

Ngày tải lên: 14/08/2014, 22:21

... Hong Kong 118 International economics S a b cd c b + d M D D M 0 7060 95 100 P R Q 2 Q 1 Q 3 Q 4 Domestic market M 2 M 1 Import market 25 40 P T =$150 P W = $100 P T =$150 P W = $100 Figure 5.2 ... semiconductors and the other in soybeans. In Figure 4.2 we show the special 86 International economics Soybeans 025 25 100 100 C A B i Semiconductors Figure 4.1 Equilibrium in a clos...

Ngày tải lên: 14/08/2014, 22:21

... Sony’s 150 International economics Sony pn O O OO –$5m –$5m + $100 m + $100 m P N RCA Sony pn O O OO –$10m +$5m + $100 m +$110m P N RCA 10 Richard Baldwin and Paul Krugman, “Industrial Political and International ... prod. 1,495 0.026 0.051 0 .109 0.127 1.280 1.114 Leather and leather prod. –98 0.028 0.036 0.598 0.718 1 .102 0.719 Stone, clay, and glass prod. –440 0.089 0 .109 0 .10...

Ngày tải lên: 14/08/2014, 22:21

... LDCs 78.2 76.0 Source: UNCTAD, The Least Developed Countries Report 2002, p. 110. 230 International economics Box 10. 3 The terms-of-trade effects of growth: offer curve analysis Analysis of change ... primarily originate on the demand side, that may be true, but if supply shocks 234 International economics Table 10. 3 Concentration of merchandise exports for least developed countr...

Ngày tải lên: 14/08/2014, 22:21

... reached, pollution declines. Part Two International finance and open economy macroeconomics The first half of this book dealt overwhelmingly with aspects of the international economy which were “real” ... financial issues, or macroeconomics, seldom intruded. Now this all changes. The second half of the book, which you are about to begin, covers the macroeconomic part of international econ...

Ngày tải lên: 14/08/2014, 22:21

... money; P dom is the domestic price level, usually 304 International economics 160 150 140 130 120 110 100 90 1970 75 80 85 90 95 2000 index, 1990 = 100 2003 Figure 13.2 Nominal effective exchange rate ... P row XR n and therefore, (3) P row = P t · XR n 310 International economics EXHIBIT 13.2 REAL EFFECTIVE EXCHANGE RATE INDICES Source: IMF, International Financial Statistics...

Ngày tải lên: 14/08/2014, 22:21

... “Income and Price Effects in International Trade,” in R. Jones and P. Kenen, eds, Handbook of International Economics, Vol. II (Amsterdam: North- Holland, 1985), pp. 104 1 106 . For more recent econometric ... competitor in both export and import markets (Figure 17.6). It has neither 382 International economics 358 International economics The slope of IS reflects the relationshi...

Ngày tải lên: 14/08/2014, 22:21

... V., International Macroeconomics: Theory and Policy, New York: Routledge, 1994. • Baxter, M., International Trade and Business Cycles,” in G. Grossman and K. Rogoff, Handbook of International Economics, ... Kenen, Handbook of International Economics, Vol. II, Amsterdam: North-Holland, 1985. • Mundell, R., International Economics, New York: Macmillan, 1968. 428 International eco...

Ngày tải lên: 14/08/2014, 22:21