Includes bibliographical references and index.

Table of contents: Part 1 Introduction - why study the economics of international business? Part 2 What insights does trade theory provide?: International trade and economic theory; the great debate - free trade versus protectionism. Part 3 The international trading system: the search for order in international trade; regional trade associations; institutions of the multilateral trading system; orderly markets; how countries restrict trade; the control of the use of trade barriers; fair trade. Part 4 The economic actors who conduct international trade: national firms and transnational firms; private firms and state trading agencies; production firms and trading houses. Part 5 Institutions that facilitate international trade: financing international transactions; moving between countries; the settlement of international commercial disputes. Part 6 Future trends in international trade and commerce: facing the future; issues for the international trading system.

Focusing on the economics of international business, this text bridges the gap between the general international business texts on the market and the specialist international economics texts which cater mainly for economists.