Theory of International Trade A Dual, General Equilibrium Approach |
|
| Author:
| Dixit, Avinash
Norman, Victor |
| Series title: | Cambridge Economic Handbooks Ser. |
| ISBN: | 978-0-511-62862-7 |
| Publication Date: | Jan 2010 |
| Publisher: | Cambridge University Press
|
| Book Format: | Digital download and online |
| List Price: | USD $165.00 |
Book Description:
|
This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial. 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.
This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial. 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.