Introduction to the theory of international trade and finance with applications to current policy issues. From the ….e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance … globalization, free trade agreements, the large current account deficits of the US, the prospects for exchange rates, and the calls …

We study the incidence of offshoring, or trade in tasks, on firms' productivity and on manufacturing employment in a … standard economic-geography model with iceberg trade costs and a continuum of tasks. In a two-countries world where one country … equilibrium incidence of offshoring on labor demand is shown to depend on offshoring costs and trade costs. For high enough …

output, construction, foreign trade and quarterly GDP figures confirm this development. The economic recovery in the 'old EU …, only Estonia and Lithuania currently meet all the Maastricht convergence criteria. A brief study of foreign trade data … reveals that in the Baltic States, foreign trade deficits are very high for goods even more so than for services. The NMS in …

outstanding feature of last year's economic developments was a boost in foreign trade (or of intra-EU dispatches and arrivals in … their aggregate trade balance slightly deteriorated (in fact foreign trade contributed positively to GDP growth in Poland … and 72% of imports represent intra-EU trade. Given the high (and rising) export surpluses of Russia and Ukraine - in both …

in unit labour costs. Despite this (and despite growth being weaker than expected in the euro zone), NMS foreign trade … continues to perform excellently. Foreign trade has been even more instrumental in generating GDP growth in the first quarter of … 2005 than in the past. It should be pointed out, however, that NMS trade with the 'old' EU has grown at a relatively slower …

growth in Ukraine has been spectacular, reflecting weak investment demand and the deterioration of foreign trade. By and …