{"product_id":"theory-of-international-trade-a-dual-general-equilibrium-approach-paperback-9780521299695","title":"Theory of International Trade; A Dual, General Equilibrium Approach (Paperback) 9780521299695","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eTheory of International Trade\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eA Dual, General Equilibrium Approach\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book expounds trade theory emphasizing that a trading equilibrium is general rather than partial.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eAvinash Dixit (Author), Victor Norman (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521299695, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 30 September 1980\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e352 pages, 50 b\/w illus.\u003cbr\u003e21.6 x 13.2 x 1.8 cm, 0.45 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. The theory of international trade\u003cbr\u003e 2. Supply and demand using duality\u003cbr\u003e 3. International equilibrium and the gains from trade\u003cbr\u003e 4. Trade, specialization and factor prices\u003cbr\u003e 5. Comparative statics\u003cbr\u003e 6. Welfare and trade policy\u003cbr\u003e 7. Money and the balance of payments\u003cbr\u003e 8. Trade and payments with fixed prices\u003cbr\u003e 9. Scale economies and imperfect competition\u003cbr\u003e Mathematical appendix\u003cbr\u003e Bibliography\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: International trade [\u003ca title=\"See our other books on International trade\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20trade%20%5BKCLT%5D%22\"\u003eKCLT\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46004895252760,"sku":"9780521299695","price":34.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521299695i_6c2fe270-ce0b-4864-be01-afc7c0392738.jpg?v=1691374951","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/theory-of-international-trade-a-dual-general-equilibrium-approach-paperback-9780521299695","provider":"Freshly Printed Books","version":"1.0","type":"link"}