ABSTRACT
First published in 1978. This book provides a simple, systematic, yet rigorous treatment of the key aspects of the pure theory of international trade and distortions. The opening chapter presents the standard two-factor, two-commodity barter model of international trade and a comprehensive treatment of the important properties and relationships. The rest of the book consists of four sections: parts One and Two are devoted to an analysis of factor market imperfections, and Parts Three and Four consider the trade-theoretical consequences of product market imperfections. A concluding chapter presents some generalised theorems. This book would be of interest to students of economics.
TABLE OF CONTENTS
part 1|74 pages
The Theory of Factor Price Differentials and the Pure Theory of International Trade
part 2|33 pages
Minimum Wage Rates and the Pure Theory of International Trade
part 3|37 pages
Externalities and the Pure Theory of International Trade
part 4|21 pages
Tariffs, Illegal Trade and Immiserising Growth