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Developed in the classroom by two of the most prominent researchers in the field, Feenstra and Taylor’s International Economics is a modern textbook for a modern audience, connecting theory to empirical evidence and expanding beyond the traditional focus on advanced companies to cover emerging markets and developing economies. International Trade is a split volume from the text, covering:
· Offshoring of goods and services (Chapter 6)
· Tariffs and quotas under imperfect competition (Chapter 9)
· International agreements on trade, labor, and the environment (Chapter 11)
As well as core topics:
· The Ricardian model (Chapter 2)
· The specific-factors model (Chapter 3)
· The Heckscher-Ohlin model (Chapter 4)
· Trade with increasing returns to scale and imperfect competition (Chapter 6)
· Import tariffs and quotas under perfect competition (Chapter 8)
· Export subsidies (Chapter 10)
The new edition has been thoroughly updated throughout. In addition, it will be available in its own dedicated version of LaunchPad, Worth Publishers’ breakthrough new online course space.
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Robert C. Feenstra is Professor of Economics at the University of California, Davis. He received his B.A. in 1977 from the University of British Columbia, Canada, and his Ph.D. in economics from MIT in 1981. Feenstra has been teaching international trade at the undergraduate and graduate levels at UC Davis since 1986, where he holds the C. Bryan Cameron Distinguished Chair in International Economics. Feenstra is a research associate of the National Bureau of Economic Research, where he directs the International Trade and Investment research program. He is the author of Offshoring in the Global Economy and Product Variety and the Gains from Trade (MIT Press, 2010). Feenstra received the Bernhard Harms Prize from the Institute for World Economics, Kiel, Germany, in 2006, and delivered the Ohlin Lectures at the Stockholm School of Economics in 2008. He lives in Davis, California, with his wife Gail, and has two grown children: Heather, who is a genetic counselor; and Evan, who recently graduated from Pitzer College.
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