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Home » Economics Homework Help » International Economics
International Economics
In modern economic studies, international economics is the most significant branch with all its dynamism, intricacies and practical orientation. International economics is a separate branch of economics because of typical nature of international trade and economic relations. International economics is a field of study which assesses the implications of international trade in goods and services and international investment. International economics is a field of study which assesses the implications of international trade in goods and services and international investment. International economics is concerned with the effects upon economic activity of international differences in productive resources and consumer preferences and the institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and migration. Economies of scale are benefits from bulk buying. International economics is about how nations interact through trade of goods and services, through flows of money and through investment. International economics is an old subject, but it continues to grow in importance as countries become tied to the international economy. Moreover, it is an enquiry into ever-changing facts, events and dynamism of the world trade in modern era. It deals with issues, problems and facets foreign trade policies the world over in both their positive and normative aspects. Roughly speaking, it covers economic interactions between countries such as international trade. More precisely, international economics is the field of study that deals with trade between countries. International economics blends both micro and macro economics in the context of trade and economic relations, finance and exchange among nations towards prosperity, growth and development of global trade and welfare.

International trade is a field in economics that applies microeconomic models to help understand the international economy. Its content includes the same tools that are introduced in microeconomics courses, including supply and demand analysis, firm and consumer behavior, perfectly competitive, oligopolistic and monopolistic market structures, and the effects of market distortions. The typical course describes economic relationships between consumers, firms, factor owners, and the government.

Some of its main topics are:

1. Comparative cost advantage
2. Economic integration
3. Euro-dollar market
4. Exchange control
5. Factor endowment
6. Foreign direct investment (FDI)
7. Free trade vs protection
8. International liquidity
9. International monetary fund
10. International trade development
11. International trade theory
12. Multinational corporations
13. Regional economic integration
14. State trading
15. Tariffs

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Topics
Comparative Costs-Goods Comparative Costs-Countries Economic Integration Customs Union Equilibrium Customs Union Dynamic Effect Customs Union Pure Theory Euro-Dollar Market Euro-Dollar-Benefits, Effects Exchange Control Effect Exchange Control Exchange Control Methods Exchange Control Procedure Price Equalization Intra Industry Trade Factors Ohlin- Two Country Model Intra-Industry Trade Foreign Direct Investment Industry Argument Diversification Free Trade Infant Industry Argument Non-Economic Arguments Employment Promotion Argument Protection As Trade Policy Protection-Developing Countries Non-Tariff Barriers Origin Of Gatt Tariff Negotiations Effects Of Quotas Quotas Vs Tariffs Quotas- Nature, Purpose Import Quotas Types Heterogeneous Markets Internal, International Trade International Trade Theory International Transactions Trade- Pure, Monetary Theory Capital Movement Factors Capital Movements Role Capital Movements International Development Ass. International Finance Corp. The World Bank International Liquidity Adequacy IMF, International Liquidity International Liquidity Paper Gold Revaluation Of Gold SDRS Salient Features SDRS Operations Symmetry- Monetary System Triffins Radical Transformation IMF Achievements IMF Objectives, Functions IMF Structure Quotas IMF Nature Modern International Trade International Trade Development Product Cycle Hypothesis Constant Factor Supply Product Price Increase Effect Vent-for-Surplus Approach Foreign Trade Gains Trade Gains Nature Factors Determining Gain Size Sources Of Gain Factor Proportion Theory Factor Proportions Assumptions Trade Modern Theory Factors Proportions Shortcomings Absolute Cost Advantage Gold Standard Mechanism Underdevelop Comparative Costs Comparative Costs Doctrine Comparative Advantage Doctrine Gold Standard Advantages International Gold Standard Gold Standard Game Rules International Cartels Price Discrimination, Dumping
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