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Theory of International Trade

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  • Dixit,Avinash
  • Norman,Victor

Abstract

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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Bibliographic Info

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This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521299695 and published in 1985.

Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521299695
Handle: RePEc:cup:cbooks:9780521299695

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Web page: http://www.cambridge.org

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Cited by:
  1. Sebastian Edwards, 1987. "Anticipated Protectionist Policies, Real Exchange Rates and the Current Account," UCLA Economics Working Papers 437, UCLA Department of Economics.
  2. Ana María Iregui, . "Tax Exporting:An Analysis Using a Multiregional CGE Model," Borradores de Economia 171, Banco de la Republica de Colombia.
  3. Sebastian Edwards, 1987. "Economics Liberalization and the Equilibrium Real Exchange Rate in Developing Countries," UCLA Economics Working Papers 433, UCLA Department of Economics.
  4. Bernard, Andrew & Redding, Stephen J & Schott, Peter, 2004. "Comparative Advantage and Heterogenous Firms," CEPR Discussion Papers 4622, C.E.P.R. Discussion Papers.
  5. Sule Ozler & Michael Waldman, 1987. "Border Enforcement Versus Internal Enforcement: A Study in the Economics of Illegal Migration," UCLA Economics Working Papers 443, UCLA Department of Economics.

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