ABSTRACT
There continues to be a dearth of attention paid to the transportation element in international-trade theory. 1 In this article I present a nonlinear-programming approach to the analysis of equilibrium in the international-transportation industry. However, the expression of transportation demand conditions in programming formulation (Section I and the Appendix), together with the presentation of cost conditions (Section II), would be applicable to various transportation situations, including both international and (with some qualifications) domestic trade.
