Parte I: Introduction - 1. Modeling the open economy - 2. Some basic relations - Parte II: Employment,the trade balance,and relative prices - 3. Income determination and the trade balance - 4. Relative prices,equilibrium output,and the trade balance - 5. Intermediate goods and nontraded goods - 6. Home goods and traded goods: the dependent economy model - Parte III: Money and payments adjustment - 7. Money,prices,and payments adjustment - 8. Money,exchange rates,and employment - 9. Monetary and exchange rate policy for macroeconomic stability - Parte IX: Assets markets,capital mobility and stabilization policy - 10. Stabilization policy under fixed exchange rates and capital mobility - 11. Flexible exchange rates and capital mobility - 12. Monetary stabilization,intervention,and real appreciation - Parte V: Portfolio balance and the current account - 13. Exchange rates,assets markets,and the current account - 14. Growth,the balance of payments,and the exchange rate

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