Author Description

Husted and Melvin's International Economics provides a compact, accessible treatment of international economics that includes the most recent policy controversies in an issues-oriented analytical framework. Intuition and application of theory is stressed consistently, rather than memorization of competing theories and technical analysis. *NEW! All new material on the European Monetary Union and the Euro. *NEW! A section devoted to the Asian financial crisis. *NEW! Updated trade policy case studies, including the US/EU bananas squabble. *NEW! Modern coverage of new empirical research, including the microstructure of foreign exchange markets, the home bias in international investment, and the effect of corruption on growth and investment. *NEW! Expanded discussion of the WTO. *Accessible policy and issues-oriented treatment of international trade and finance make this text suitable for students with only a principles of economics background. *Extensive real-world data help students better comprehend different economies and patterns of trade.