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Instructor’s Manual

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Instructor s Manualto accompanyKrugman & ObstfeldInternational Economics: theory and PolicySixth EditionLinda S. GoldbergFederal Reserve Bank of New YorkMichael W. KleinTufts UniversityThe Fletcher School of Law and DiplomacyJay C. ShambaughDartmouth CollegeThe views presented in this book are those of the authors and need not reflect the views of theFederal Reserve Bank of New York or the Federal Reserve pageContentsiiiChapter 1 Introduction1Overview of Section I: International Trade Theory3Chapter 2 Labor Productivity and Comparative Advantage: The Ricardian Model 7Chapter 3 Specific Factors and Income Distribution13Chapter 4 Resources and Trade.

Chapter 18 The International Monetary System, 1870-1973 145 Chapter 19 Macroeconomic Policy and Coordination Under 153 Floating Exchange Rates Chapter 20 Optimum Currency Areas and the European Experience 163 ... relevance of the theory of international trade for interpreting and understanding our economy.

  Theory, Monetary

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