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Can economic forces halfway across the world influence how much sugar you add to your coffee ? As we have learned over the past two decades, they can. Globalization is making us increasingly aware of the influence of worldwide economic events on our lives. One of the lessons of the COVID-19 experience is the importance of an international perspective for analyzing economic events. International Economics : Theory and Policy equips students with the intellectual tools needed to understand the economic implications of global interdependence.
This book covers the most important recent developments in international economics without shortchanging the enduring theoretical and historical insights that have traditionally formed the core of the subject. The twelfth edition has been extensively updated to cover how recent events in the global economy have influenced nations' economic fortunes, policies, and political debates.