What is International Economics about? International Policy Coordination produce an acceptable degree of harmony among the ow to A fundamental problem in international economics is he international trade and monetary policies of different countries without a world government that tells countries what to do a The International Capit ital market There are risks associated with international capital markets Currency depreciation(货币贬值) National default(违约) Copyright C 2003 Pearson Education, Inc Slide 1-7Copyright © 2003 Pearson Education, Inc. Slide 1-7 What is International Economics About? ▪ International Policy Coordination • A fundamental problem in international economics is how to produce an acceptable degree of harmony among the international trade and monetary policies of different countries without a world government that tells countries what to do. ▪ The International Capital Market • There are risks associated with international capital markets: – Currency depreciation（货币贬值） – National default（违约）