Our goal in writing this book is simple. We hope to provide the student with a guide to the study of international economics that is accessible, comprehensive, relevant, and up-to-date. This text has many of the same features found in most conventional treatments of the subject. The first nine chapters cover topics in international trade theory and policy. The remaining chapters are devoted to topics in international finance. All of the usual issues are covered in depth: comparative advantage, Heckscer-Ohlin theory, commercial policy, trade and growth, balance of payments and exchange rate determination, and open economy macroeconomics. However, the book differs from many competing texts in several important ways.