Salvatore's International Economics provides information about fundamental institutions and relationships that affect quality of life, and provides a framework for thinking through and understanding the process of decision making. Furthermore, the text is designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics.

1 Introduction Part1 International Trade Theory 2 The Law of Comparative Advantage 3 The Standard Theory of International Trade 4 Demand and Supply, Offer Curves, and the Terms of Trade 5 Factor Endowments and the Heckscher-Ohlin Theory 6 Economies of Scale, Imperfect Competition, and International Trade 7 Economic Growth and International Trade Part2 International Trade Policy 8 Trade Restrictions: Tariffs 9 Nontrariff Trade Barriers and the New Protectionism 10 Economic Integration: Customs Unions and Free Trade Areas 11 International Trade and Economic Development 12 International Resource Movements and Multinational Corporations Part3 The Balance of Payments, Foreign Exchange Markets, and Exchange Rates 13 Balance of Payments 14 Foreign Exchange Markets and Exchange Rates 15 Exchange Rate Determination Part4 Open-Economy Macroeconomics and the International Monetary system 16 The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates 17 The Income Adjustment Mechanism and Synthesis of Automatic Adjustments 18 Open-Economy Macroeconomics: Adjustment Policies 19 Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply 20 Flexible versus Fixed Exchange Rates, the European Monetary system, and Macroeconomic Policy Coordination 21 The International Monetary System: Past, Present, and Future