ABSTRACT
In this book Chapters 2-5 have discussed the international trade theories of each of the three schools of economic thought. The theories were shown to derive from 'theories of value', that is from sets of fundamental assumptions about the nature of economic causality. But in discussing these trade theories there has been no explicit consideration of the roles that money is assumed to play. This separation of'monetary' from 'real' factors was adopted to clarify the presentation of the theories, but I recognize the dangers in such an approach because the different theories treat money quite differently. The purpose of this chapter is to show these differences and their significance.
