Publisher's Synopsis
Using a step-by-step approach, this study guide is a supplement to the main text, and helps students understand both the trade and monetary side of international economics. It includes three new chapters covering regional economic issues (including location theory), optimum currency areas and the European Community, and the problems of former communist countries in the transition to a market economy. Topical new applications include the US oilseed dispute with Europe, the BCCI scandal, Third-World debt forgiveness and "1980-1993 - disinflation, recovery and the global slump".
