Developed in the classroom by two of the most prominent researchers in the field, Feenstra and Taylor's International Economics is a modern textbook for a modern audience, connecting theory to empirical evidence and expanding beyond the traditional focus on advanced companies to cover emerging markets and developing economies. International Trade is a split volume from the text, covering:
. Offshoring of goods and services (Chapter 6)
. Tariffs and quotas under imperfect competition (Chapter 9)
. International agreements on trade, labor, and the environment (Chapter 11)
As well as core topics:
. The Ricardian model (Chapter 2)
. The specific-factors model (Chapter 3)
. The Heckscher-Ohlin model (Chapter 4)
. Trade with increasing returns to scale and imperfect competition (Chapter 6)
. Import tariffs and quotas under perfect competition (Chapter 8)
. Export subsidies (Chapter 10)