International economy and globalization -- International trade relations: Foundations of modern trade theory: comparative advantage ; Sources of comparative advantage ; Tariffs ; Nontariff trade barriers ; Trade regulations and industrial policies ; Trade policies for the developing nations ; Regional trading arrangements ; International factor movements and multinational enterprises -- International monetary relations: Balance of payments ; Foreign exchange ; Exchange-rate determination ; Balance-of-payments adjustments ; Exchange-rate systems and balance of payments ; Exchange-rate systems and currency crises ; Macroeconomic policy in an open economy ; International banking: reserves, debt, and risk

1. International economic relations