The most authoritative introduction to international economics, revised and updated The 14th Edition of International Economics by renowned economists Dominick Salvatore and Ralf Hepp provides an authoritative and thoroughly updated exploration of global trade and finance. This acclaimed text examines the economic theories and real-world developments shaping our interconnected world. Featuring 126 detailed case studies with graphs, figures, and real-world examples, this text connects foundational concepts with cutting-edge research on globalization, technological disruption, and sustainable development. It addresses the most pressing issues facing the global economy, including: Post-pandemic public debt and monetary policy challenges - Rising trade protectionism and the U.S.-China trade conflict - Exchange rate volatility and structural economic imbalances - Climate change policies affecting international commerce - Global value chains and the regionalization of trade flows Ideal for undergraduate and graduate students in economics, international trade, finance, and business courses seeking both theoretical grounding and practical policy insights, International Economics contains accurate and up-to-date discussions of classical and contemporary economic theory. The gold standard introduction to international economics, revised and updated In the newly revised 14th edition of International Economics , distinguished economists and professors Dominick Salvatore and Ralf Hepp deliver an authoritative and up-to-date examination of the economic theories and principles driving the contemporary global economy. This text covers the latest economic developments around the world, including elevated public debt levels following the COVID-19 pandemic, rising trade protectionism and the U.S.-China trade war, exchange rate volatility, structural economic imbalances, persistent global poverty, and the increasingly urgent issues of resource scarcity and environmental sustainability. International Economics explores foundational and cutting-edge concepts in international trade and finance with exceptional clarity. It incorporates significant new material on globalization’s evolving impact, technological advances reshaping trade patterns, the establishment of global value chains, the regionalization of trade flows, climate change policies affecting international commerce, and updated research on exchange rate determination and pass-through effects. It also contains 126 case studies, complete with detailed graphs and figures and real-world examples. Perfect for undergraduate and graduate students of economics, international trade, international finance, and international business courses, International Economics offers a thorough grounding in classical and contemporary theory, as well as practical insights into the policy debates shaping the global economy. Dominick Salvatore is Distinguished Professor of Economics at Fordham University, where he has taught for over 30 years. He is the author of numerous influential textbooks and has advised governments and international organizations on trade and development policy worldwide. Ralf Hepp is Associate Professor of Economics at Fordham University. His research focuses on international macroeconomics, exchange rates, and monetary policy.