Introduction to the global economy -- Understanding the global economy -- Comparative advantage : how nations can gain from international trade -- Unit two: International trade : enduring issues -- Sources of comparative advantage -- Regulating international trade : trade policies and their...

Introduction to the global economy -- Understanding the global economy -- Comparative advantage : how nations can gain from international trade -- International trade : enduring issues -- Sources of comparative advantage -- Regulating international trade : trade policies and their effects --...

Germany is an undervaluation regime, a regime that steers economic behavior towards deterioration of the real exchange rate and thereby towards export surpluses. This regime has brought the eurozone to the brink of collapse. But it is much older than the euro. It was established during the...