Part 1 International trade theory . World trade : an overview pp. 32-45 -- Labor productivity and comparative advantage : the Ricardian model pp. 46-72 -- Specific factors and income distribution pp. 73-108 -- Resources and trade : the Heckscher-Ohlin model pp. 109-144 -- The standard trade model pp.145-172 -- External economies of scale and the international location of production pp. 173-191 -- Firms in the global economy : export decisions, outsourcing, and multinational enterprises pp. 192-236

Part 2 International trade policy . The instruments of trade policy pp. 237-267 -- The political economy of trade policy pp. 268-304 -- Trade policy in developing countries pp. 305-319 -- Controversies in trade policy pp. 320-342

For courses in International Trade. A balanced approach to theory and policy applicationsInternational Trade: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the discipline. An intuitive introduction to trade theory is followed by detailed coverage of policy applications. With this new 11th Edition, Global Edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University, continues to set the standard for International Economics courses. Pearson MyLabTM Economics not included. Students, if MyLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab should only be purchased when required by an instructor. Instructors, contact your Pearson rep for more information.MyLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts.