During the entire post-war period, the bilateral agreements and multilateral trade liberalization in the GATT/WTO have made the world economy ever more independent. Globalization is an accepted phenomenon of the 21st century. As goods and services increasingly move across international borders ever greater expertise is required to make such activity as smooth as possible.
However, one need only witness the recurring events of violent protest at meetings of organizations such as the World Economic Forum and the World Trade Organization to realize that a non-negligible part of civic society does not view the increasing internationalization and globalization with a positive attitude. Protesters are not simple bullies, but often well-educated people with a view of globalization and international economics quite different from that which is provided by the economics profession. Failure of World Trade Organization talks means that barriers and challenges to that free and smooth flow of trade remain. One sure way of overcoming obstacles is to be in possession of the right knowledge. At the same time, many text books offer advanced mathematical models and econometric studies on a perplexing plethora of topics within international economics, but fail to teach the basic lessons of the discipline. Undergraduates therefore may run the risk of passing exams without understanding finding a mental problem in the field. That is why this book is so important.
During the entire post-war period, the bilateral agreements and multilateral trade liberalization in the GATT/WTO have made the world economy ever more independent. Globalization is an accepted phenomenon of the 21st century. As goods and services increasingly move across international borders ever greater expertise is required to make such activity as smooth as possible.
However, one need only witness the recurring events of violent protest at meetings of organizations such as the World Economic Forum and the World Trade Organization to realize that a non-negligible part of civic society does not view the increasing internationalization and globalization with a positive attitude. Protesters are not simple bullies, but often well-educated people with a view of globalization and international economics quite different from that which is provided by the economics profession. Failure of World Trade Organization talks means that barriers and challenges to that free and smooth flow of trade remain. One sure way of overcoming obstacles is to be in possession of the right knowledge. At the same time, many text books offer advanced mathematical models and econometric studies on a perplexing plethora of topics within international economics, but fail to teach the basic lessons of the discipline. Undergraduates therefore may run the risk of passing exams without understanding finding a mental problem in the field. That is why this book is so important.
Chapter 1 World Economy
1.1 The Essence of Economic Globalization and the Construction of World Economic Theory
1.2 Causes and Influences of International Flow of Factors of Production
1.3 Essential Points of Factor Flow and Theory Construction of World Economy
1.4 Development Strategies of Developing Countries in the Age of Factor Mobility
Chapter 2 International Trade Theory
2.1 International Trade: An Overview
2.2 Classical or Country - Based Trade Theories
2.3 Modern Firm - Based Theories
Chapter 3 International Trade Environment
3.1 International Capital Flows
3.2 International Transfers of Technology
3.3 The New International Industrial Revolution
3.4 The International Trading Environment
3.5 On the Surface, Global Economic Growth Appears Firm, Masking Underlying Risks and Imbalances
3.6 Resource-Rich Countries Often Struggle to Tap Into Their Development Potential
3.7 Global Trade Growth Moderates, Amid Heightened Trade Tensions
Chapter 4 Protectionism and Barriers
4.1 Protectionism
4.2 Barriers to Trade
4.3 Reducing Barriers to Trade
4.4 Making Trade Policy
4.5 What Can Trade Policy Contribute to Resolving the Economic Crisis?
4.6 Conclusion
Chapter 5 Multinational in China
5.1 An Overview of MNCs
5.2 Strategies for Doing Business Globally
5.3 The Business Form
5.4 The Multinational Organization
5.5 International Regulation of Multinational Enterprises
5.6 Home State Regulation of Multinational Enterprises
5.7 Host State Regulation of Multinational Enterprises
5.8 Factors That Influence a Company's Decision to Invest
……
Chapter 6 Business Strategy
Chapter 7 International Sales Contract
Chapter 8 International Trade Terms
Chapter 9 International Payment
Chapter 10 Risks and Insurances
Chapter 11 Inspection and Quarantine
Chapter 12 The Belt and Road