Introduction and institutions -- The United States in a global economy -- International economic institutions since World War II -- International trade -- Comparative advantage and the gains from trade -- Comparative advantage and factor endowments -- Beyond comparative advantage -- The theory of tariffs and quotas -- Commercial policy -- International trade and labor and environmental standards -- International finance -- Trade and the balance of payments -- Exchange rates and exchange rate systems -- An introduction to open economy macroeconomics -- International financial crises -- Regional issues in the global economy -- The United States in the world economy -- The European Union : many markets into one -- Trade and policy reform in Latin America -- Export-oriented growth in East Asia -- The bric countries in the world economy.