Professor of Economics and International Business at the Stern School of Business, New York University. His research and publications focus on international industrial competition and government policies toward international trade and industry. He has been a Visiting Professor at Aoyama Gakuin University in Japan and a member of the U.S. faculty at the National Center for Industrial Science and Technology Management Development in China. He received the university-wide, Distinguished Teaching Award at New York University in 1991, and twice he was voted Professor of the Year by graduate students at the Stern School of Business.

• Chapter 1: International Economics Is Different Chapter 2: The Basic Theory Using Demand and Supply Chapter 3: Why Everybody Trades: Comparative Advantage Chapter 4: Trade: Factor Availability and Factor Proportions Are Key Chapter 5: Who Gains and Who Loses from Trade? Chapter 6: Scale Economies, Imperfect Competition, and Trade Chapter 7: Growth and Trade Chapter 8: Analysis of a Tariff Chapter 9: Nontariff Barriers to Imports Chapter 10: Arguments for and against Protection Chapter 11: Pushing Exports Chapter 12: Trade Blocs and Trade Blocks Chapter 13: Trade and the Environment Chapter 14: Trade Policies for Developing Countries Chapter 15: Multinationals and Migration: International Factor Movements Chapter 16: Payments among Nations Chapter 17: The Foreign Exchange Market Chapter 18: Forward Exchange and International Financial Investment Chapter 19: What Determines Exchange Rates? Chapter 20: Government Policies toward the Foreign Exchange Market Chapter 21: International Lending and Financial Crises Chapter 22: How Does the Open Macroeconomy Work? Chapter 23: Internal and External Balance with Fixed Exchange Rates Chapter 24: Floating Exchange Rates and Internal Balance Chapter 25: National and Global Choices: Floating Rates and the Alternatives APPENDIXES A: International Numbers and Other Information B: Deriving Production-Possibility Curves C: Offer Curves D: The Nationally Optimal Tariff E: Accounting for International Payments F: Many Parities at Once G: Aggregate Demand and Aggregate Supply in the Open Economy H: Devaluation and the Current Account Balance

Professor of Economics and International Business at the Stern School of Business, New York University. His research and publications focus on international industrial competition and government policies toward international trade and industry. He has been a Visiting Professor at Aoyama Gakuin University in Japan and a member of the U.S. faculty at the National Center for Industrial Science and Technology Management Development in China. He received the university-wide, Distinguished Teaching Award at New York University in 1991, and twice he was voted Professor of the Year by graduate students at the Stern School of Business.

• Chapter 1: International Economics Is Different Chapter 2: The Basic Theory Using Demand and Supply Chapter 3: Why Everybody Trades: Comparative Advantage Chapter 4: Trade: Factor Availability and Factor Proportions Are Key Chapter 5: Who Gains and Who Loses from Trade? Chapter 6: Scale Economies, Imperfect Competition, and Trade Chapter 7: Growth and Trade Chapter 8: Analysis of a Tariff Chapter 9: Nontariff Barriers to Imports Chapter 10: Arguments for and against Protection Chapter 11: Pushing Exports Chapter 12: Trade Blocs and Trade Blocks Chapter 13: Trade and the Environment Chapter 14: Trade Policies for Developing Countries Chapter 15: Multinationals and Migration: International Factor Movements Chapter 16: Payments among Nations Chapter 17: The Foreign Exchange Market Chapter 18: Forward Exchange and International Financial Investment Chapter 19: What Determines Exchange Rates? Chapter 20: Government Policies toward the Foreign Exchange Market Chapter 21: International Lending and Financial Crises Chapter 22: How Does the Open Macroeconomy Work? Chapter 23: Internal and External Balance with Fixed Exchange Rates Chapter 24: Floating Exchange Rates and Internal Balance Chapter 25: National and Global Choices: Floating Rates and the Alternatives APPENDIXES A: International Numbers and Other Information B: Deriving Production-Possibility Curves C: Offer Curves D: The Nationally Optimal Tariff E: Accounting for International Payments F: Many Parities at Once G: Aggregate Demand and Aggregate Supply in the Open Economy H: Devaluation and the Current Account Balance

Professor of Economics and International Business at the Stern School of Business, New York University. His research and publications focus on international industrial competition and government policies toward international trade and industry. He has been a Visiting Professor at Aoyama Gakuin University in Japan and a member of the U.S. faculty at the National Center for Industrial Science and Technology Management Development in China. He received the university-wide, Distinguished Teaching Award at New York University in 1991, and twice he was voted Professor of the Year by graduate students at the Stern School of Business.

• Chapter 1: International Economics Is Different Chapter 2: The Basic Theory Using Demand and Supply Chapter 3: Why Everybody Trades: Comparative Advantage Chapter 4: Trade: Factor Availability and Factor Proportions Are Key Chapter 5: Who Gains and Who Loses from Trade? Chapter 6: Scale Economies, Imperfect Competition, and Trade Chapter 7: Growth and Trade Chapter 8: Analysis of a Tariff Chapter 9: Nontariff Barriers to Imports Chapter 10: Arguments for and against Protection Chapter 11: Pushing Exports Chapter 12: Trade Blocs and Trade Blocks Chapter 13: Trade and the Environment Chapter 14: Trade Policies for Developing Countries Chapter 15: Multinationals and Migration: International Factor Movements Chapter 16: Payments among Nations Chapter 17: The Foreign Exchange Market Chapter 18: Forward Exchange and International Financial Investment Chapter 19: What Determines Exchange Rates? Chapter 20: Government Policies toward the Foreign Exchange Market Chapter 21: International Lending and Financial Crises Chapter 22: How Does the Open Macroeconomy Work? Chapter 23: Internal and External Balance with Fixed Exchange Rates Chapter 24: Floating Exchange Rates and Internal Balance Chapter 25: National and Global Choices: Floating Rates and the Alternatives APPENDIXES A: International Numbers and Other Information B: Deriving Production-Possibility Curves C: Offer Curves D: The Nationally Optimal Tariff E: Accounting for International Payments F: Many Parities at Once G: Aggregate Demand and Aggregate Supply in the Open Economy H: Devaluation and the Current Account Balance