International Economicsuses a rich array of case studies to illuminate economic institutions and policies as well as recent developments in the global economy-without readers having to rely on a prerequisite knowledge of higher-level math. The United States in a Global Economy; International Economic Institutions since World War II; Comparative Advantage and the Gains from Trade; Comparative Advantage and Factor Endowments; Beyond Comparative Advantage; The Theory of Tariffs and Quotas; Commercial Policy; International Trade and Labor and Environmental Standards; Trade and the Balance of Payments; Exchange Rates and Exchange Rate Systems; An Introduction to Open Economy Macroeconomics; International Financial Crises; Economic Integration in North America; The European Union: Many Markets into One; Trade and Policy Reform in Latin America; Export-Oriented Growth in East Asia; China and India in the World Economy For all readers interested in international economics.