The sixth edition of "International Economics" improves and builds upon the popular features of previous editions, with added sections on topics including: developments in international trade agreements and international trade talks; and international financial crises. INDICE Part 1: International Trade and Trade Policy 2. Patterns of Trade and the Gains from Trade: Insights from Classical Theory 3. Trade Between Dissimilar Countries: Insights from the Factor Proportions Theory 4. Trade Between Similar Countries: Implications of Decreasing Costs and Imperfect Competition 5. The Theory of Protection: Tariffs and Other Barriers to Trade 6. Arguments for Protection and the Political Economy of Trade Policy 7. International Mobility of Labor and Capital 8. Regional Blocs: Discriminatory Trade Liberalization 9. Commercial Policy: History and Recent Controversy 10. Trade and Growth 11. Issues of International Public Economics Part 2: International Finance and Open Economy Macroeconomics 12. Balance of Payments Accounting 13. Markets for Foreign Exchange 14. International Derivatives: Foreign Exchange Forwards, Futures and Options 15. Alternative Models of Balance-of-Payments or Exchange Rate Determination 16. Payments Adjustment with Fixed Exchange Rates 17. Balance-of-Payments Adjustment through Exchange Rate Changes 18. Open Economy Macroeconomics with Fixed Exchange Rates 19. The Theory of Flexible Exchange Rates 20. The International Monetary System: History and Current Controversies