International Economics: Theory and Policy, Global Edition, authored by Paul Krugman, Maurice Obstfeld, and Marc Melitz, presents a balanced global perspective on international economic theory and policy. This comprehensive text carefully divides its exploration of the subject into two parts: one examining trading issues and the other focusing on monetary questions. The book skillfully connects theoretical frameworks with real-world events to provide a deep understanding of global interdependence. Thoroughly updated for this edition published in 2022, the text includes insightful discussions on recent economic developments. It features contemporary case studies addressing topics such as trade tensions involving developing countries and the United States, the impact of Brexit, the effects of the COVID-19 pandemic on the global economy, and examples of monetary phenomena like hyperinflation in Venezuela. With its engaging content and detailed policy analysis, this 824-page paperback serves as an essential resource for anyone looking to master the complexities of international economics.
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