Part I. Introduction : The world economy -- Part II. Principles of foreign trade and lending : A brief survey of trade theory -- Why nations specialize -- Why nations specialize (Cont.) -- Factor movements and international trade -- National adjustments to a changing world -- Controlled disequilibrium -- Controlled disequilibrium (Cont.) -- Part III. International payments and monetary problems : The balance of payments among nations -- Making international payments -- The rate of exchange -- The rate of exchange (Cont.) -- Controls to conserve foreign exchange -- Mechanisms to promote stability and freedom of the exchanges -- Part IV. Economic nationalism today : Protection -- Tariffs and quotas -- Subsidization of shipping -- Subsidization of shipping (Cont.) -- Pleas for protection -- Immigration -- Part V. Commercial policy : United States commercial policy -- United States commercial policy (Cont.) -- The gatt -- Reactionary dangers in our commercial policy -- Western European regionalism -- Western European regionalism (Cont.) -- State trading -- International commodity agreements -- Part VI. Economic development and investment : The general problem of economic development -- Domestic policies of developing economies -- Development and international investment

1. Commerce
2. International economic relations