Economics > TEST BANK > International Economics, 18th Edition by Carbaugh Test Bank (All)

International Economics, 18th Edition by Carbaugh Test Bank

Document Content and Description Below

Test Bank for International Economics, 18th Edition by Robert Carbaugh TEST BANK ISBN-13: 9780357518915 Full chapters included Chapter 1: The International Economy and Globalization 1-1 Global... ization of Economic Activity 1-2 Waves of Globalization 1-3 The United States as an Open Economy 1-4 Common Fallacies of International Trade 1-5 Is International Trade an Opportunity or a Threat to Workers? 1-6 Has Globalization Gone Too Far? 1-7 The Plan of This Text Summary Key Concepts and Terms Study Questions Part 1: International Trade Relations Chapter 2: Foundations of Modern Trade Theory: Comparative Advantage 2-1 Historical Development of Modern Trade Theory 2-2 Production Possibilities Frontiers 2-3 Trading under Constant-Cost Conditions 2-4 Changing Comparative Advantage 2-5 Trading under Increasing-Cost Conditions 2-6 The Impact of Trade on Jobs 2-7 Comparative Advantage Extended to Many Products and Countries 2-8 Factor Mobility, Exit Barriers, and Trade 2-9 Empirical Evidence on Comparative Advantage 2-10 The Case for Free Trade 2-11 Comparative Advantage and Global Supply Chains: Outsourcing Summary Key Concepts and Terms Study Questions Chapter 3: Sources of Comparative Advantage 3-1 Factor Endowments as a Source of Comparative Advantage 3-2 Economies of Scale and Comparative Advantage 3-3 Overlapping Demands as a Basis for Trade 3-4 Intra-Industry Trade 3-5 Technology as a Source of Comparative Advantage: The Product Cycle Theory 3-6 Dynamic Comparative Advantage: Industrial Policy 3-7 Government Regulatory Policies and Comparative Advantage 3-8 Transportation Costs and Comparative Advantage Summary Key Concepts and Terms Study Questions Exploring Further Chapter 4: Tariffs 4-1 The Tariff Concept 4-2 Types of Tariffs 4-3 Effective Rate of Protection 4-4 Tariff Escalation 4-5 Outsourcing and Offshore-Assembly Provision 4-6 Dodging Import Tariffs: Tariff Avoidance and Tariff Evasion 4-7 Postponing Import Tariffs 4-8 Tariff Effects: An Overview 4-9 Tariff Welfare Effects: Consumer Surplus and Producer Surplus 4-10 Tariff Welfare Effects: Small-Nation Model 4-11 Tariff Welfare Effects: Large-Nation Model 4-12 Examples of U.S. Tariffs 4-13 How a Tariff Burdens Exporters 4-14 Tariffs and the Poor: Regressive Tariffs 4-15 Arguments for Trade Restrictions 4-16 The Political Economy of Protectionism Summary Key Concepts and Terms Study Questions Exploring Further Chapter 5: Nontariff Trade Barriers 5-1 Absolute Import Quota 5-2 Tariff-Rate Quota: A Two-Tier Tariff 5-3 Export Quotas 5-4 Domestic Content Requirements 5-5 Subsidies 5-6 Dumping 5-7 Antidumping Regulations 5-8 Is Antidumping Law Unfair? Summary Key Concepts and Terms Study Questions Exploring Further Chapter 6: Trade Regulations and Industrial Policies 6-1 U.S. Tariff Policies before 1930 6-2 Smoot-Hawley Act 6-3 Reciprocal Trade Agreements Act 6-4 General Agreement on Tariffs and Trade 6-5 World Trade Organization 6-6 Trade Promotion Authority (Fast-Track Authority) 6-7 Safeguards (the Escape Clause): Emergency Protection from Imports 6-8 Countervailing Duties: Protection against Foreign Export Subsidies 6-9 Antidumping Duties: Protection against Foreign Dumping 6-10 Section 301: Protection against Unfair Trading Practices 6-11 Protection of Intellectual Property Rights 6-12 Trade-Adjustment Assistance 6-13 Industrial Policies of the United States 6-14 Strategic Trade Policy 6-15 Economic Sanctions Summary Key Concepts and Terms Study Questions Exploring Further Chapter 7: Trade Policies for the Developing Nations 7-1 Developing Nation Trade Characteristics 7-2 Tensions between Developing Nations and Advanced Nations 7-3 Trade Problems of the Developing Nations 7-4 Stabilizing Primary-Product Prices 7-5 The OPEC Oil Cartel 7-6 Aiding the Developing Nations 7-7 Economic Growth Strategies: Import Substitution versus Export-Led Growth 7-8 East Asian Economies 7-9 China's Great Leap Forward 7-10 India: Breaking Out of the Third World Summary Key Concepts and Terms Study Questions Chapter 8: Regional Trading Arrangements 8-1 Regional Integration versus Multilateralism 8-2 Types of Regional Trading Arrangements 8-3 Impetus for Regionalism 8-4 Effects of a Regional Trading Arrangement 8-5 The European Union 8-6 The Eurozone - Europe's Monetary Union 8-7 North American Free Trade Agreement: United States-Mexico-Canada Agreement Summary Key Concepts and Terms Study Questions Exploring Further Chapter 9: International Factor Movements and Multinational Enterprises 9-1 The Multinational Enterprise 9-2 Motives for Foreign Direct Investment 9-3 Supplying Products to Foreign Buyers: Whether to Produce Domestically or Abroad 9-4 Country Risk Analysis 9-5 Foreign Auto-Assembly Plants in the United States 9-6 International Joint Ventures 9-7 Multinational Enterprises as a Source of Conflict 9-8 International Labor Mobility: Migration Summary Key Concepts and Terms Study Questions Part 2: International Monetary Relations Chapter 10: The Balance of Payments 10-1 Double-Entry Accounting 10-2 Balance-of-Payments Structure 10-3 U.S. Balance of Payments 10-4 What Does a Current Account Deficit (Surplus) Mean? 10-5 Balance of International Indebtedness 10-6 The Dollar as the World's Reserve Currency Summary Key Concepts and Terms Study Questions Chapter 11: Foreign Exchange 11-1 Foreign-Exchange Market 11-2 Foreign Currency Trading Becomes Automated 11-3 Types of Foreign-Exchange Transactions 11-4 Interbank Trading 11-5 Reading Foreign-Exchange Quotations 11-6 Forward and Futures Markets 11-7 Foreign Currency Options 11-8 Exchange-Rate Determination 11-9 Indexes of the Foreign-Exchange Value of the Dollar: Nominal and Real Exchange Rates 11-10 Interest Arbitrage, Currency Risk, and Hedging 11-11 Foreign-Exchange Market Speculation 11-12 Foreign-Exchange Trading as a Career Summary Key Concepts and Terms Study Questions Exploring Further Chapter 12: Exchange-Rate Determination 12-1 What Determines Exchange Rates? 12-2 Determining Long-Run Exchange Rates 12-3 Inflation Rates, Purchasing Power Parity, and Long-Run Exchange Rates 12-4 Determining Short-Run Exchange Rates: The Asset Market Approach 12-5 Exchange Rate Overshooting 12-6 Forecasting Foreign-Exchange Rates Summary Key Concepts and Terms Study Questions Exploring Further Chapter 13: Exchange-Rate Adjustments and the Balance of Payments 13-1 Effects of Exchange-Rate Changes on Costs and Prices 13-2 Cost-Cutting Strategies of Manufacturers in Response to Currency Appreciation 13-3 Will Currency Depreciation Reduce a Trade Deficit? The Elasticity Approach 13-4 J-Curve Effect: Time Path of Depreciation 13-5 Exchange-Rate Pass-Through 13-6 The Absorption Approach to Currency Depreciation 13-7 The Monetary Approach to Currency Depreciation Summary Key Concepts and Terms Study Questions Exploring Further Chapter 14: Exchange-Rate Systems and Currency Crises 14-1 Exchange-Rate Practices 14-2 Choosing an Exchange-Rate System: Constraints Imposed by Free Capital Flows 14-3 Fixed Exchange-Rate System 14-4 Floating Exchange Rates 14-5 Managed Floating Rates 14-6 The Crawling Peg 14-7 Currency Manipulation and Currency Wars 14-8 Capital Controls 14-9 Increasing the Credibility of Fixed Exchange Summary Key Concepts and Terms Study Questions Chapter 15: Macroeconomic Policy in an Open Economy 15-1 Economic Objectives of Nations 15-2 Policy Instruments 15-3 Aggregate Demand and Aggregate Supply: A Brief Review 15-4 Monetary and Fiscal Policies in a Closed Economy 15-5 Monetary and Fiscal Policies in an Open Economy 15-6 Macroeconomic Stability and the Current Account: Policy Agreement versus Policy Conflict 15-7 Inflation with Unemployment 15-8 International Economic Policy Coordination Summary [Show More]

Last updated: 1 month ago

Preview 1 out of 976 pages

Add to cart

Instant download


Buy this document to get the full access instantly

Instant Download Access after purchase

Add to cart

Instant download

Reviews( 1 )


by arinenjeti1234 · 3 months ago



Add to cart

Instant download

Can't find what you want? Try our AI powered Search



Document information

Connected school, study & course

About the document

Uploaded On

Sep 25, 2022

Number of pages


Written in


Test-Bank Lounge

Member since 2 years

273 Documents Sold

Additional information

This document has been written for:


Sep 25, 2022





Document Keyword Tags

More From Test-Bank Lounge

View all Test-Bank Lounge's documents »

Recommended For You

Get more on TEST BANK »

What is Browsegrades

In Browsegrades, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.

We are here to help

We're available through e-mail, Twitter, Facebook, and live chat.
 Questions? Leave a message!

Follow us on

Copyright © Browsegrades · High quality services·