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International Economics Theories Policies And Practice(1st Edition)
Authors:
Dr Arjun Y Pangannavar
Cover Type:Hardcover
Condition:Used
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ISBN: B0D9R3TQQB, 979-8333538840
Book publisher: Independently published
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Book Summary: Among The Various Branches Of Economics, ‘International Economics’ Has More Theoretical And Practical Significance. Now Geo-politics Is Based On The Pulse Beats Of Practical International Economics. Being An Important Branch Of Economics, International Economics’ Occupies A Significant Place In Decision-making In The Light Of The Development Of Modern Economies. Most Countries Follow The ‘External Factors Driven Economic Development Model’. In This Context, If India Wants To Become A ‘Trillion Economy’, It Must, First, Make Its Currency ‘Rupee’ As Hard Currency. India Needs To Put A Lot Of Effort Into Reaching This Destination. The Theories, Principles, And Policies Of Home Or Domestic Trade May Apply To International Trade But It Needs A Separate Theory And Policy For International Economics. I Have Considered All The Corners Of The International Economics’ Scope Of Study In My Book ‘International Economics: Theories, Policies & Practices’ It Is My Pleasure To Bring Out This Book To Satisfy The Needs Of Students Of Undergraduate, Post-graduation And Research, And Readers Who Are Interested In Studying It For Appearing In Competitive Examinations Such As IES, IAS, Banking, And Others. The Book Consists Of Eleven Chapters. The First Chapter Covers The Meaning, Definitions, Subject-matter, And Scope Of International Trade And International Economics. The Second And Third Chapters Cover The Traditional And Modern Theories And Models Of International Trade; These Theories Are Discussed In A Lucid Manner So The Reader Can Understand Them Easily, And It Inspires The Researchers To Work On New Models. The Fourth And Fifth Chapters Throw Light On Various Aspects Of Terms Of Trade And Gains From Trade; The Determinations, Various Concepts Of Both Are Dealt With In Detail. The Sixth Chapter Covers The Various Aspects Of Balance Of Payments. The Structure Of Balance Of Payments, The Concept Of Adverse Balance Of Payments And Methods Of Its Correction Are Precisely Dealt With In Detail. The Seventh Chapter Focuses On The Evolution Of Foreign Trade Policy From Mercantilism Stage To Globalization Stage. In The Light Of Protectionism ‘Infant Industry Dogma’ And ‘Beger-Thy-Neighbor’ Policies Are Discussed In Detail. The Eighth Chapter Focusses On International Economic Organizations, Namely Customs Union, Free Trade Agreements, Monetary Unions, And Currency Area. The Development Of Customs Unions Their Features, Purposes, Effects, Merits, And Demerits Are Narrated In Self-learning Method. It Also Focusses On All Types Of Trade Agreements, Associations, And Organizations That Were Devised For Making Trade Free Among The Members And Regions Or Zones. The Ninth Chapter Covers Foreign Exchange, Types Of Foreign Exchange Rates, Its Determinants, And Various Theories Of Foreign Exchange Rate Determination Including Demand And Supply Theory. The Tenth Chapter Covers Foreign Exchange Markets And International Financial Institutions. It Focusses On Leading Establishment And Functions Of International Financial Institutions Such As World Bank, IMF, And Others. The Last And Eleventh Chapter Covers India’s Foreign Trade, Foreign Trade Policy, Balance Of Payments Position In The Light Of ‘New Economic Reforms’. Overall, The Book Is Designed In A Self-explanatory Method Of Learning: A New Approach To Learn International Economics Easily, So, It Is Student-friendly And Teacher-friendly Book.
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