| | | Foreword | | |
| | | Preface | | |
| | | Acknowledgements | | |
| 1 | | Introduction and overview | | 1 |
| 2 | | The theory of trade | | 7 |
| 3 | | Developments in the theory of trade | | 29 |
| 4 | | Theory of trade protection | | 45 |
| 5 | | International trade policy | | 72 |
| 6 | | Trade and growth, past and present | | 90 |
| 7 | | International factor mobility | | 114 |
| 8 | | Balance of payments accounts | | 137 |
| 9 | | Foreign exchange markets | | 155 |
| 10 | | The exchange rate and economic policy | | 179 |
| 11 | | Capital flows and financial crises | | 201 |
| 12 | | The European Union in the global economy | | 221 |
| 13 | | Europes transition economies in the global economy | | 243 |
| 14 | | International institutions | | 272 |
| 15 | | Challenges in the global economy: trade, finance and technology | | 292 |
| App. A | | The geometry of trade | | 313 |
| App. B | | Making use of the internet | | 320 |
| | | Bibliography | | 322 |
| | | Index | | 329 |