International Trade
International Trade
Douglas A. Irwin, Dartmouth College, New Hampshire
Understanding the globalized world economy is more important than ever before. This book provides a clear, concise, and up-to-date look at the economic foundations of international trade. The authors explain the principal concepts in an engaging and accessible manner open to students from any discipline, incorporating contemporary trade data through full-colour diagrams and graphs. Throughout, economic models are discussed in the context of recent and current international trade issues, to ensure students gain a concrete understanding and see how the field impacts the real world. Written for upper undergraduate courses, the book includes feature boxes that marry theory and economics in practice to show models applied, a featured real-world application for every chapter, and over 100 end-of-chapter questions help students fully engage with and consolidate their learning. Online resources for instructors include a solutions manual, lecture slides and the book figures as JPEGs.
- Is global in focus with case studies and examples from across the world to make sure students are exposed to the international nature of trade
- The marrying of theory and practical application is emphasized throughout with a real-world application in each chapter
- Mathematical treatments are minimized and graphical explanations emphasized so students from non-science backgrounds can understand the material without wading through complex mathematical expressions
Reviews & endorsements
'At a time when globalization is under threat everywhere, a clear and simple analysis of the effects of international trade and finance - who gains, who loses, what risks are created and reduced, and what policies are best on balance - grounded in good theory, and supported by data relevant to today's world, is essential. Chinn and Irwin provide that in this outstanding new textbook. I wish it was required reading for the general public, not just for classroom use.' Avinash Dixit, Princeton University
'Two outstanding international economists have brought us a first-rate new textbook. Written very clearly, it will be highly accessible to the typical student. It is chock-full of historical examples, as recent as the effect of Russia's war in Ukraine on global wheat prices. The historical cases introduce each chapter and then illustrate the theory afterwards.' Jeffrey Frankel, Harvard University
'Definitive but also accessible. Economic theory is brought alive with a combination of practical applications, historical examples, and real-world applications. Students are sure to be engaged.' Barry Eichengreen, University of California, Berkeley
Product details
April 2025Paperback
9781009399821
260 pages
251 × 204 × 12 mm
0.64kg
Not yet published - available from February 2025
Table of Contents
- Preface
- 1. Introducing the global economy
- 2. Gains from trade
- 3. Exploring the gains from trade
- 4. Trade and comparative advantage
- 5. Trade and factor endowments
- 6. Factor mobility
- 7. Product variety
- 8. Trade policy
- 9. Trade intervention
- 10. Trade policy
- References
- Index.
