Part 1: International Trade Theory
2: World Trade: An Overview
3: Labor Productivity and Comparative Advantage: The Ricardian Model
4: Specific Factors and Income Distribution
5: Resources and Trade: The Heckscher-Ohlin Model
6: The Standard Trade Model
7: External Economics of Scale and the International Location of Production?
8: Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises

Part 2: International Trade Policy
9: The Instruments of Trade Policy
10: The Political Economy of Trade Policy
11: Trade Policy in Developing Countries
12: Controversies in Trade Policy

Part 3: Exchange Rates and Open-Economy Macroeconomics
13: National Income Accounting and the Balance of Payments
14: Exchange Rates and the Foreign Exchange Market: An Asset Approach
15: Money, Interest Rates, and Exchange Rates
16: Prices Levels and the Exchange Rate in the Long Run
17: Output and the Exchange Rate in the Short Run
18: Fixed Exchange Rates and Foreign Exchange Intervention

Part 4: International Macroeconomic Policy
19: International Monetary Systems: An Historical Overview
20: Optimum Currency Areas and the European Experience
21: Financial Globalization: Opportunity and Crisis
22: Developing Countries: Growth, Crisis and Reform