Preface

I have been teaching courses in international economics for over 35 years at both the undergraduate and graduate levels. A common complaint of business students is that the traditional textbooks in international economics rely too much on graphs and mathematical formulas to explain complex economic theories and concepts. Another complaint is the relevance and applicability of these models and theories to business decision making and strategic planning. This book aims to provide a basic understanding of international economics without reliance on graphs and equations to explain economic models. It is written for an audience without any extensive knowledge of basic economics and is particularly appropriate for students majoring in business ...

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