"This book attempts to introduce students with a relatively minimal economics background to the field of international economics. Its premise is that a few basic theoretical concepts can go a long way toward helping to interpret international economic relations. In terms of institutional coverage, the book is, of course, far less than complete. The material is issue-oriented and reflects the author's opinion on what is and what is not an important issue at a time when issues in international trade and finance seem to change more rapidly than ever. The book has been kept brief enough, however, to allow for introduction of supplementary material by the individual instructor. Contents : Chapter 1 : The Principle of Trading Chapter 2 : Supply, Demand, and Trade Chapter 3 : The Term of Trade Chapter 4 : Trade Restriction Chapter 5 : Economic Integration Chapter 6 : Trade, Growth, and Development Chapter 7 : The Multinational Corporation Chapter 8 : The Balance of International Payments Chapter 9 : The Foreign Exchange Market Chapter 10 : The United States Balance of Payments Chapter 11 : Forward Exchange, Speculation, and Arbitrage Chapter 12 : The Balance of Payments and the Domestic Economy Chapter 13 : International Economic Policy Chapter 14 : The International Monetary System before World War II Chapter 15 : The International Monetary System since World War II"