Elements of International Economics

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Focusing on the dynamics of open economies, this textbook explores the determinants of international trade and financial flows. It examines their impact on both domestic and global economies, addressing key issues in international economic integration, including trade and monetary challenges. Students will learn to interpret a country's balance of payments, analyze commercial and financial flows, understand exchange rate determinants, and evaluate the implications of national and international policies, with specific reference to entities like the European Union.