Theory of International Trade :A Dual, General Equilibrium Approach - Cambridge Economic Handbooks

3.78 ( 9 Ratings by Goodreads)
Theory of International Trade

Theory of International Trade :A Dual, General Equilibrium Approach - Cambridge Economic Handbooks

3.78 (9 Ratings by Goodreads)
paperback
Published: 30 September, 1980
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Description

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.
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More Details

Type Book
ISBN13 9780521299695
ISBN10 0521299691
Number Of Pages 352
Item Weight 450 g
Product Dimensions 132 x 216 x 18 mm
Publisher / Reseller Cambridge University Press
Format paperback
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