This is an English summary of chapter from the book: The Essentials of Economics of Krugman & Wells and The Economics of European Integration by Baldwin & Wyplosz.
The chapters included are the required readings from week 1 to 3 of the course European Economics II: Macro 2018/2019 for the midterm.
Krugman & Wells: 12 - 15 20 (588-608)
Baldwin & Wyplosz: 7, 13
The summary also includes pictures and useful graphs.
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