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Thoroughly revised to take into account the latest issues and controversies in international economics, this new edition includes a range of aids to help student learning and class presentation. Featuring learning objectives, questions, further reading suggestions and a variety of real world examples, this introductory text enables the reader to understand both current events and policy proposals. Breaking new ground in its coverage of micro and macro economics new issues covered also include:
* new developments in regional trade blocks and Uruguay Round agreements
* International Public Finance and trade policy
* financial derivatives
* the Asian crisis
* European Monetary Union.