International Economics (addison-wesley Series In Economics): Theory And Policy

International Economics Theory and Policy SIXTH EDITION Paul R. Krugman Princeton University Maurice Obstfeld University of California, Berkeley BAD GUY NOTICE: I only scanned this book to help my fellow students. If you like the book, go buy it. However, if you can't afford it, or you're simply too tired to go to the library every time you need to read it or copy pages from it, then don't complain about the quality. Dear Mr Krugman, dear Mr Obstfeld, I honestly advise you to offer us a downloadable PDF-Version of your book. It would be a lot cheaper for you and us, and a lot easier to get. Maybe for the next time. Welcome to the new Millenium! Boston San Francisco New York London Toronto Sydney Tokyo Singapore Madrid Mexico City Munich Paris Cape Town Hong Kong Montreal Frete U n i v e r s a l Berlin Wlrtschaftswissenschatilicte Bibliothek For Robin and Leslie Ann Editor-in-Chief: Denise Clinton Executive Development Manager: Sylvia Mallory Development Editor: Jane Tufts Web Development: Melissa Honig Managing Editor: James Rigney Production Supervisor: Katherine Watson Design Manager: Regina Kolenda Text Design, Electronic Composition, and Project Management: Elm Street Publishing Services, Inc. Cover Designer: Regina Kolenda Cover Image: © Digital Vision Ltd. Supplements Editor: Andrea Basso Marketing Manager: Adrienne D'Ambrosio Manufacturing Coordinator: Hugh Crawford International Economics: Theory and Policy Copyright © 2003 by Paul R. Krugman and Maurice Obstfeld All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the publisher. For information on obtaining permission for the use of material from this work, please submit a written request t