International Economics: Theory and Policy, 12e provides a detailed, engaging, and balanced coverage of the key concepts and entails practical applications of both—international trade and international finance. The text is presented in a unified structure that integrates the latest research, data, and policy in the much-coveted topics such as globalization, economic geography, trade and environment, financial derivatives, China’s trade policies, and many more. This book aims to equip students with intellectual tools for understanding the economic implications of global interdependence. This edition is useful for students of undergraduate and postgraduate courses across disciplines like Economics, Finance, and Management. The prudence of the content makes this book an imperative guide for management trainees and practicing managers in decision-making in a business environment. Features: 1. Impact of the COVID-19 pandemic on international trade and finance 2. An up-to-date and understandable analytical framework for illuminating recent events 3. Emphasis on key topics such as Increasing Returns and Market Structure, Firms in International Trade, Politics, and Theory of Trade Policy, Asset Market Approach to Exchange Rate Determination, International Macroeconomic Policy Coordination, and The World Capital Market and Developing Countries 4. Embedded features like case studies, special boxes, chapter summaries, and problems for classroom discussion