Foundations of International Economics

Abstract

Part I Foreign trade: international trade and mobile technology a dynamic model of absolute advantage. Part II Open economy macroeconomics: a Kaleckian macro model for an open economy aggregate supply and demand in an open-economy framework the balance of payments and growth. Part III International payments systems: global full employment and the reform of the international monetary system the development and reform of the modern international financial system. Part IV Exchange rates determination: exchange rate and expectations. Part V Development: industrialization in the periphery: the case of the EU and NAFTA international liquidity preference and endogenous credit creation marketing mexico: the contradiction of financing development with portfolio investment.

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