Help your students navigate the realities of the global economy - the theories, the data, the policies and their impact.
Emphasizing the use of data and empirics to link cutting-edge economic theory to current world events, this book was developed in the classroom by two of the most prominent researchers in the field who saw a need for a text with fresh theories and perspectives.
Seamlessly blending theory and data with real-world policies, events, and evidence, Feenstra and Taylor’s International Trade provides engaging, balanced coverage and applications of key concepts.
International Trade is supported by Achieve, our integrated, online learning system which allows you to engage every student with powerful multimedia resources, an integrated e-Book, robust homework, and a wealth of interactives, creating an extraordinary new learning resource for students.
Key features include:
Help your students navigate the realities of the global economy - the theories, the data, the policies and their impact.
Emphasizing the use of data and empirics to link cutting-edge economic theory to current world events, this book was developed in the classroom by two of the most prominent researchers in the field who saw a need for a text with fresh theories and perspectives.
Seamlessly blending theory and data with real-world policies, events, and evidence, Feenstra and Taylor’s International Trade provides engaging, balanced coverage and applications of key concepts.
International Trade is supported by Achieve, our integrated, online learning system which allows you to engage every student with powerful multimedia resources, an integrated e-Book, robust homework, and a wealth of interactives, creating an extraordinary new learning resource for students.
Key features include:
PART 1 INTRODUCTION TO INTERNATIONAL TRADE.- 1. Trade in the Global Economy.- PART 2 PATTERNS OF INTERNATIONAL TRADE.- 2. Trade and Technology: The Ricardian Model.- 3. Gains and Losses from Trade in the Specific-Factors Model.- 4. Trade and Resources: The Heckscher—Ohlin Model.- 5. Movement of Labor and Capital Between Countries.- PART 3 NEW EXPLANATIONS FOR INTERNATIONAL TRADE.- 6. Increasing Returns to Scale and Monopolistic Competition.- 7. Offshoring of Goods and Services.- PART 4 INTERNATIONAL TRADE POLICIES.- 8. Import Tariffs and Quotas Under Perfect Competition.- 9. Import Tariffs and Quotas Under Imperfect Competition.- 10. Export Policies in Resource-Based and High-Technology Industries.- 11. International Agreements on Trade and the Environment.
Robert C. Feenstra Robert C. Feenstra is Professor of Economics at
the University of California, Davis. He received his B.A. in 1977
from the University of British Columbia, Canada, and his Ph.D. in
economics from MIT in 1981. Feenstra has been teaching
international trade at the undergraduate and graduate levels at UC
Davis since 1986, where he holds the C. Bryan Cameron Distinguished
Chair in International Economics. Feenstra is a research associate
of the National Bureau of Economic Research, where he directs the
International Trade and Investment research program. He received
the Bernhard Harms Prize from the Institute for World Economics,
Kiel, Germany, in 2006, and delivered the Ohlin Lectures at the
Stockholm School of Economics in 2008.
Alan M. Taylor Alan M. Taylor is Professor of Economics at the
University of California, Davis. He received his B.A. in 1987 from
King’s College, Cambridge, U.K and earned his Ph.D. in economics
from Harvard University in 1992. Taylor has been teaching
international macroeconomics, growth, and economic history at UC
Davis since 1999, where he directs the Center for the Evolution of
the Global Economy. He is also a research associate of the National
Bureau of Economic Research. Taylor was awarded a Guggenheim
Fellowship in 2004 and was a visiting professor at the American
University in Paris and London Business School in 2005–06.
'The Feenstra/Taylor text is consistently one of the most well
written texts in international economics. They present material in
a way that is consistent across chapters in the text and with other
classes students take in economics.'
– Mark Scanlan, Stephen F. Austin State University
'Currently, the best textbook in International Macroeconomic[s] for
undergraduates...'
– Carlos Pulido, Arizona State University - Tempe
'One of the reasons why I choose to use this textbook is because of
the quality of the problems at the end of each chapter and the
numerous (rich) choices they give me in assigning a problem to my
students.'
– Bedassa Tadesse, University of Minnesota - Duluth
'The explanations of difficult concepts are the best in this book.
The graphs are clear and well supported with discussion for
students to understand how they work.'
– Anthony Delmond, The University of Tennessee - Martin
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