International Economics: Theory and Policy

At the start of the twenty-first century, international aspects of economics remain as important and controversial as ever. In the last decade alone, major currency and Financial crises have rocked industrializing countries from East Asia to Latin America; countries in Europe have given up their national currencies in favor of a common currency, the euro; and growing trade and financial linkages between industrial and developing countries have sparked debate and even open protest inspired by claims that economic "globalization" has worsened worldwide ills ranging from poverty to pollution. | International Economies Theory and Policy SIXTH EDITION Paul R. Krugman Princeton University Maurice Obstfeld University of California Berkeley BAD GUY NOTICE I only scanned this book to help my fellow students. If you like the book go buy it. However if you can t afford it or you re simply too tired to go to the library every time you need to read it or copy pages from it then don t complain about the quality. Dear Mr Krugman dear Mr Obstfeld I honestly advise you to offer us a downloadable PDF-Version of your book. It would be a lot cheaper for you and us and a lot easier to get. Maybe for the next time. Welcome to the new Millenium Boston San Francisco New York London Toronto Sydney Tokyo Singapore Madrid Mexico City Munich Paris Cape Town Hong Kong Montreal Frei Universität Barfln Wirtschaftswissenschaftliche Bibliothek For Robin and Leslie Ann Editor-In-Chief Denise Clinton Executive Development Manager Sylvia Mallory Development Editor Jane Tufts Web Development Melissa Honig Managing Editor James Rigney Production Supervisor Katherine Watson Design Manager Regina Kolenda Text Design Electronic Composition and Project Management Elm Street Publishing Services Inc. Cover Designer Regina Kolenda Cover Image Digital Vision Ltd. Supplements Editor Andrea Basso Marketing Manager Adrienne D Ambrosio Manufacturing Coordinator Hugh Crawford International Economics Theory and Policy Copyright 2003 by Paul R. Krugman and Maurice Obstfeld All rights reserved. No part of this publication may be reproduced stored in a retrieval system or transmitted in any form or by any means electronic mechanical photocopying recording or otherwise without the prior written consent of the publisher. For information on obtaining permission for the use of material from this work please submit a written request to Pearson Education Inc. Rights and Contracts Department 75 Arlington St. Suite 300 Boston MA 02116 or fax your request to 617 848-7047. Printed in the United States of America. .

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