Get this from a library! International trade: theory and policy. [Steven M Suranovic ; Open Textbook Library,]. This is the book Policy and Theory of International Trade (v. ). This book is Steve Suranovic is an associate professor of economics and international. International Trade: Theory and Policy is built on Steve Suranovic’s belief that to understand the international economy, students need to learn how economic.

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In some chapters there are a number of hot links to sources. That being said, more examples relevant to the developing, non-western world would enhance the analytical depth and relevance of the book to a non-western readership.

Factor Mobility and Income Redistribution Chapter 5: International Trade Theory and Policy. Suranovuc generally, he applies the economic analytical method to identify the policies that can attract the most widespread support. Other than my aforementioned concern about the equations, the text is well-ordered and clear. His book A Moderate Compromise: Well-rounded exercises and explanations iternational provided, and the sections on mathematical models and quantitative analysis are presented in a clear and concise manner.

A chapter about domestic policies contains an evaluation of domestic taxes and subsidies that are often ignored in traditional trade textbooks but are increasingly important as large countries complain more about each other’s innternational agriculture policies and labor and environmental policies.


Before the end of May this text will be served and supported by Flat World Knowledge.

Comments An instructor’s manual would be helpful, as would a second edition in the not too distant future. If you are an instructor please visit this webpage for more information about the benefits of adopting a Flatworld textbook. However, this issue does not detract from the overall quality of the text or present too much confusion to the reader.

The book is very well structured and comprehensive, with succinct definitions of key terms and poignant internatiojal of the text substance. The goal is to answer the question, what trade policies should a country implement?

About the Author

About the Book International Trade: After Aprilyou can check out the entire book online or request a desk copy. The main purpose of the text is to provide a thorough grounding in the arguments concerning the age-old debate about free trade versus protectionism.

Reading the book as a pdf I was able to use the search function as a substitute for an index; for example, I wanted to review the author’s discussion of Paul Krugman’s contributions to contemporary trade theory and found ahd references to Krugman’s work by searching for his name.

Equations-within text and tables- need thorough editing.

The International Trade Theory and Policy | Table of Contents

Each chapter sub-section has clearly identified learning objectives to which the end-of-section “Key Takeaways” specifically relate. Economies of Scale and International Trade Chapter 7: Flat World offers textbooks that are free online, affordable offline, open-licensed and customizable by adopters. But more importantly, each model and theory is connected to real world policy issues.


The content coverage is appropriate for a one semester international trade course. Econ is a Master’s level course taken by many International Affairs and Business students.

The text begins with an historical overview of trade policy issues to provide context for the theory. Most links to other sources are still functioning and accurate. Book Keeping And Accountancy.

His research focuses on two areas: And if you just want international economics information, you may still browse the links on this site for a few more weeks. The book’s general content is of lasting relevance.

International Trade: Theory and Policy

Domestic Policies and International Trade Chapter 9: The topics of the text are presented thematically with little overlap. Table of Contents Chapter 1: For instance, the notion of a PPF is introduced from the bottom-up while student understanding of indifference curves seems to be assumed.

The text concludes with a detailed economic argument supporting free trade.