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WelcomeTable of Contents Student Resources    Chapter 1: Introduction    Chapter 2: World Trade: An Overview    Chapter 3: Labor Productivity and Comparative Advantage:...    Chapter 4: Resources, Comparative Advantage, and Income...    Chapter 5: The Standard Trade Model    Chapter 6: Economies of Scale, Imperfect Competition, and...    Chapter 7: International Factor Movements    Chapter 8: The Instruments of Trade Policy    Chapter 9: The Political Economy of Trade Policy    Chapter 10: Trade Policy in Developing Countries    Chapter 11: Controversies in Trade Policy    Chapter 12: National Income Accounting and the Balance of...    Chapter 13: Exchange Rates and the Foreign Exchange Market:...    Chapter 14: Money, Interest Rates and Exchange Rates    Chapter 15: Price Levels and the Exchange Rate in the Long...    Chapter 16: Output and the Exchange Rate in the Short Run    Chapter 17: Fixed Exchange Rates and Foreign Exchange...    Chapter 18: The International Monetary System, 1870-1973    Chapter 19: Macroeconomic Policy and Coordination under...    Chapter 20: Optimum Currency Areas and the European...    Chapter 21: The Global Capital Market: Performance and...    Chapter 22: Developing Countries: Growth, Crisis, and Reform    Mathematical Postscripts Instructor Resources