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Item Details
Title:
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THEORY OF INTERNATIONAL TRADE
A DUAL, GENERAL EQUILIBRIUM APPROACH |
By: |
Avinash K. Dixit, Victor D. Norman |
Format: |
Electronic book text |
List price:
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£85.00 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
0511628625 |
ISBN 13: |
9780511628627 |
Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
Pub. date: |
19 January, 2010 |
Series: |
Cambridge Economic Handbooks |
Description: |
This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial. |
Synopsis: |
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. |
Illustrations: |
50 b/w illus. |
Publication: |
UK |
Imprint: |
Cambridge University Press (Virtual Publishing) |
Returns: |
Non-returnable |
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Ramadan and Eid al-Fitr
A celebratory, inclusive and educational exploration of Ramadan and Eid al-Fitr for both children that celebrate and children who want to understand and appreciate their peers who do.
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