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2012 2nd ed 2010. Introduction to International Economics 3rd edition has been revised and updated to deliver the most current information on todays global economy for a one-semester course. 3 THE STANDARD THEORY OF INTERNATIONAL TRADE 53 31 Introduction 53 32 The Production Frontier with Increasing Costs 53. Introduction to International Economics by Dominick Salvatore offers a clear presentation of todays global economy while explaining the workings of the world economy the major benefits it provides to both people and nations and the most serious challenges it faces. CHAPTER S I X An Introduction to International Economics Third Edition Nontariff Barriers and the Political Economy of Protectionism Dominick. INTRODUCTION WHAT IS INTERNATIONAL ECONOMICS ABOUT International economics uses the same fundamental methods of analysis as other branches of economics because the motives and behavior of individuals and firms are the same in international trade as they are in domestic transactions.
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