International Trade An Introduction to Theory

This book provides an introduction to the economic analysis of international trade policies, focussing on the effects of various policies and using this positive analysis both to determine which trade policies should be adopted and to explain why existing policies have been adopted.

Richard Pomfret is Professor of International Economics at The Johns Hopkins University. To date he has taught in six countries, including Canada, West Germany, Australia and the UK.

Preface
Introduction
Modelling International Trade
Why do countries trade with each other?
A General Equilibrium Model of International Trade
A Partial Equilibrium Model of International Trade
The Core Propositions of Neoclassical Trade Theory
Extensions and Modifications to the Basic Model
Empirical Tests of Simple Trade Theories
Technology-based Trade Theories
Economies of Scale, Imperfect Competition, and Intra-Industry Trade
Intermission
Trade Policies
Economic Effects of a Tariff
Non-Tariff Barriers to Trade
Arguments used in support of Trade Barriers
Measuring the Effects of Trade Barriers
The Political Economy of Trade Barriers
Discriminatory Trade Policies
International Trade and Economic Development
Beyond Pure Trade Theory
International Factor Movements, Trade in Services, and the BOP
Trade Policy when the BOP is in Disequilibrium
Exchange Rate Movements and International Trade
Conclusions
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

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International Trade An Introduction to Theory and Policy

Summary

Author Biography

Table of Contents

Supplemental Materials