Pugel International Economics 17e
Pugel International Economics 17e
Pugel International Economics 17e
Thomas Pugel
Hardcover / 2020©
ISBN: 9781260004731 / 1260004732
Many new or recent events and policy changes that continue to transform the global economy
are woven throughout, to provide current examples that show the practical use of the book’s
international economic analysis. Also incorporated is current and recent economic research
that provides useful new insights into the effects of international economic activities and
government policies toward international trade and finance, including:
• “China Shock” research led by David Autor, David Dorn, and Gordon Hanson;
• Effects of growth of U.S. imports from Mexico on U.S. wages, research by Shushanik
Hakobyan and John McLaren;
• Research on the effects of sanctions against Iran by Mohammad Reza Gharibnavaz and
Robert Waschik;
• Recent research on the effects of immigrant workers on the earnings of native workers by
a number of economists.
Facts and figures from numerous economic and governmental reports have been updated,
and graphs, tables, and formulas have been updated, replaced, or added as needed. The
following significant updates/changes have been made by chapter.
Chapter-by-Chapter Changes
CHAPTER 1 International Economics Is Different
Four examples of controversies inherent in international economics are
explored, including:
• The trade war of 2018, triggered by U.S. tariffs
• Immigration and the rise of anti-immigrant rhetoric and actions in the U.S. and
Europe
• “Brexit” – the UK’s decision in 2016 to end its membership in the EU
• China’s exchange rate and fluctuations in the value of the yuan