International Trade

McLaren (U. of Virginia) introduces key concepts of international economics through contemporary headlines often of interest to students, incorporating a simplified account of the Melitz model, two offshoring models, and the Kala Krishna theory of voluntary export restraints. The undergraduate textbook examines oligopoly as imperfect competition, the effect of free trade on American workers, the role of the WTO, the relationship between globalization and child labor, and the trade deficit as a symptom of citizens not saving enough. Annotation c2013 Book News, Inc., Portland, OR (booknews.com)

John McLaren has a Ph.D in Economics from Princeton.? He has been teaching International Trade in the Economics?department at the?University of Virginia for over 10 years and is well-published in key journals in economics. His motivation for writing the text is to have a better book with which to teach his own course.