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A theory of international trade under uncertainty

Author

Listed:
  • Helpman, Elhanan
  • Razin, Assaf

Abstract

Book delves with the puzzle that assets play important role in the theory of international finance but hardly any any role in the theory of international trade. Where this dichotomy comes from? Main feature is that trade in assets may interact in an important ways with trade in goods and services. The book develops a theory that clarified these interactions. It should also help in the understanding of the effects of capital-market policies on trade in goods and assets.

Suggested Citation

  • Helpman, Elhanan & Razin, Assaf, 1978. "A theory of international trade under uncertainty," MPRA Paper 22112, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:22112
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    References listed on IDEAS

    as
    1. Bhagwati, Jagdish N. & Srinivasan, T. N., 1976. "Optimal trade policy and compensation under endogenous uncertainty: The phenomenon of market disruption," Journal of International Economics, Elsevier, vol. 6(4), pages 317-336, November.
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    More about this item

    Keywords

    incomplete markets; risk sharing; incomplete specialization;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F0 - International Economics - - General
    • F30 - International Economics - - International Finance - - - General

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