International economicsPrentice-Hall, 1971 - 127 pages |
Contents
One THE NATION AS AN ECONOMIC UNIT | 1 |
Four THE BALANCE OF PAYMENTS | 6 |
Three PROBLEMS IN TRADE POLICY | 32 |
Copyright | |
3 other sections not shown
Common terms and phrases
adjustment American coal argument assets balance of payments balance-of-payments Bank of France billion Britain British potatoes British wage capital account car production cash account central banks cloth production coal comparative advantage consume consumption costs coun country's deposits depreciation devaluation developed countries differences economic economists efficient employment equal equilibrium European exchange rates exchange-rate factor endowments factor prices Fewmen foreign currencies foreign trade foreign-exchange market free trade French French francs gains from trade GATT gold standard governments growth imports income increase industries interest rates International Monetary International Monetary Fund investment labor-intensive less-developed countries machines man-days of labor manufactured Manymen ment money supply offset output per worker parity payments deficit pound price of cloth price of coal production-possibilities frontier quotas reduce rise SDRs supply curve supply of dollars Table U.S. dollar U.S. exports U.S. gold U.S. output UNCTAD United wage rates