Caves, Richard E.

World trade and payments : an introduction / Richard E. Caves, Jeffrey A. Frankel, Ronald W. Jones. - 8th ed. - Reading, Mass. : Addison-Wesley Publishers, 1999. - 1 v. (various pagings) : ill. ; 24 cm.

This textbook for International Economics is a rarity. It's intelligent, exceptionally well written by the experts in the field. It does include a thorough review of the state-of-the-art theory of international trade and finance. To facilitate learning and yet challenge the reader, the authors equipped each chapter with really tough exercises. Only having solved them one might have an impression that he grasped the metarial really well. Good exercises are an indispensable companion of a student. Here we have one of the best I have ever seen. And I have seen a lot. Superior to other textbooks and highly recommended.

0321031423 0321226607


International trade.
Balance of payments.
Commercial policy.

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