X hits on this document

97 views

0 shares

0 downloads

0 comments

39 / 46

Licensed to:

Index

551

hedging, 392393 options, 379380 Foreign-exchange contract, forward, 389391 Foreign-exchange fluctuations, Markel rides,

391392 Foreign-exchange market speculation, 397399 Foreign-exchange quotations, reading, 375377 Foreign-exchange rates, forecasting, 425430

fundamental analysis, 428430 judgmental forecasts, 426 technical forecasts, 426428 Foreign-exchange risk, Volkswagen hedges

against, 392 Foreign-exchange value of dollar, indexes of,

383385 Foreign-trade zone (FTZ), 122124 Fortune Brands, 62 Forward foreign-exchange contract, 389391 Forward markets, 377379, 387394 Forward rate, 387388 Forward transaction, 372 Free capital flows, constraints imposed by,

462464 Free trade, 32 Free Trade Area of the Americas (FTAA), 300302 Free-on-board (FOB) valuation, 114 Freer trade, promoting, 192193 Free-trade area, 273 Free-trade argument, 140 Free-trade-biased sector, 148 Freight system, terrorist attacks and U.S., 105107 FTZs benefit motor vehicle importers, 124 Fund, eurozone needing bailout, 290292 Fundamental analysis, 428430 Fundamental disequilibrium, 466 Futures markets, 377379

G

G-5 (Group of Five) nations, 509 G-7 (Group of Seven) nations, 510 G-20 agrees to cooperate on global economic

policy, 507 Gains, consumption, 41 Gains from international trade, 31 Gains from international trade, dynamic, 45 Gains from trade, dynamic, 4547 GDP, international comparisons of, 429 General Agreement on Tariffs and Trade (GATT),

190195, 271 General Arrangements to Borrow, 525 General Electric and Chinese market, 327328 General Motors (GM), 15, 165, 312, 327 Generalized system of preferences (GSP), 252253 Global economic crises of 2007-2009, 492 Global economic policy, G-20 agrees to cooperate

on, 507 Global economy, 128129 Global economy, terrorism jolts, 2426 Global quota, 156 Global recession of 2007-2009, 1213

crisis goes global, 13 roots of this problem, 1213 Globalization

backlash against, 2224 defined, 2 drives changes for U.S. automakers, 7879 of economic activity, 23 importance of, 1118 increased competition from abroad, 1618 waves of, 37 Globalization, international economy and, 127

backlash against globalization, 2224 common fallacies of international trade, 1819 free trade and cigarettes, 1920 globalization of economic activity, 23 importance of globalization, 1118 international trade and workers, 2022 terrorism jolts global economy, 2426 United States as open economy, 711 waves of globalization, 37 Gold, 521523 demonetization of, 523 exchange standard, 522523 international gold standard, 521522 Gold standard, 434, 521 Golub, Stephen, 57 Goods and service balance, 346 Government regulatory policies and comparative advantage, 99101 Government subsidies support Boeing and Airbus, 9899 Gross domestic product (GDP), 8 Group of Five (G-5) nations, 509 Group of Seven (G-7) nations, 510 Guest workers, 334

H

Hamilton, Alexander, 187 Health Coverage Tax Credit, 217 Health insurance, wage and, 216218 Heckscher, Eli, 70, 80, 263 Hedging, 390 Hewlett-Packard (HP) laptops, 6 Home buyers, lumber duties hammer, 207 Home Depot, 264 Home market effect, 88 Hoover, Herbert, 189 Horizontal diversification, 310 Hormone-treated U.S. beef, Europe has cow over,

181182 Hume, David, 32, 434, 435

I

IBM, 344 Illegal Immigration Reform and Immigrant

Responsibility Act of 1996, 336 IMF drawings, 525 Immigrants hurting American workerswages, 337 Immigration as an issue, 334337 Immigration policy harming domestic workers,

U.S., 336 Imperfect competition, 221 Import license, 155 Import quota, 155159 Import substitution versus export-led growth,

255260 Import tariffs, 112

dodging, 120122 postponing, 122124 Importance of being unimportant, 43 Importers, FTZs benefit motor vehicle, 124 Imports

emergency protection from, 203206 of textiles from China, 205206 Import-substitution laws backfire on Brazil,

256257 Impossible trinity, 463 Income

adjustment mechanism, 438 adjustments, 438439 distribution of, 69 trade and distribution of, 8182

Increasing opportunity costs, 49 Increasing-cost conditions, trading under, 4952 Indebtedness, balance of international, 363365 defined, 364 India breaking out of Third World, 266268 Indian computer engineers, 74 Industrial countries, capital flows from developing to, 352353 Industrial policies, 9698 of Japan, 220221 trade regulations and, 187230 of United States, 218220 Industry trade. see Intra-industry trade Infant-industry argument, 145 Inflation demand-pull, 505 differentials and exchange rate, 416 rates, 410415 with unemployment, 505506 Institute for International Economics, 59 Insurance, health, 216218 Integration dynamic effects of economic, 275 economic, 272 regional, 271272 static effects of economic, 275 Intellectual property rights (IPRs), 213215 Interbank market, 374 trading, 373375 Interdependence, economic, 1 Interest arbitrage, 394397 Interest rates nominal (money), 417 real, 418 relative levels of, 417420 Interest-rate differentials, financial flows and, 436438 Interindustry specialization, 91 Interindustry trade, 90 Internal balance, 495 International adjustment, mechanisms of, 433440 disadvantages of automatic adjustment mechanisms, 439 financial flows and interest-rate differentials, 436438 income adjustments, 438439 monetary adjustments, 439 price adjustments, 434436 International banking, 513533 debt reduction and debt forgiveness, 530531 demand for international reserves, 514517 eurodollar market, 531532 facilities for borrowing reserves, 524526 foreign currencies, 517521 gold, 521523 international lending risk, 526527 nature of international reserves, 513514 problem of international debt, 527529 reducing bank exposure to developing-nation debt, 529530 special drawing rights (SDRs), 524 supply of international reserves, 517 International comparisons of GDP, 429 International debt, problem of, 527529 International economic policy coordination, 506510 International economy and globalization, 127 backlash against globalization, 2224 common fallacies of international trade, 1819 free trade and cigarettes, 1920 globalization of economic activity, 23 importance of globalization, 1118

Copyright 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.

Document info
Document views97
Page views97
Page last viewedThu Dec 01 09:52:26 UTC 2016
Pages46
Paragraphs2598
Words25948

Comments