International economics/Definition

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Revision as of 16:34, 11 May 2008 by imported>Martin Baldwin-Edwards (New page: <noinclude>{{Subpages}}</noinclude> is concerned with the effects upon economic activity of international differences in productive resources and consumer preferences and the institutions ...)
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A definition or brief description of International economics.

is concerned with the effects upon economic activity of international differences in productive resources and consumer preferences and the institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and migration.