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The book is aimed at undergraduate students taking Level 2 or Level 3 courses in international economics. As well as students specialising in economics, the book is likely to be of interest to students on business studies, management, and social science programmes. Massive changes took place in the world economy in the last quarter of the twentieth century and the speed with which markets in goods, services, and finance were liberalised has no historical precedent. This brand new international economics text reflects recent developments in the world economy as well as thoroughly covering the central components of an international economics course, rooted in classical analysis and the doctrine of comparative advantage.