International Trade

Name: International Trade
Availability: OutOfStock
ISBN: 9780312213121

ISBN-10: 0312213123

ISBN-13: 9780312213121

Edition: Revised

Authors: Mia Mikic

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Book details

Publisher: Palgrave Macmillan
Publication date: 6/15/1998
Binding: Paperback
Pages: 644
Size: 6.50" wide x 9.25" long x 1.50" tall
Weight: 2.134
Language: English

List of Figures	p. xi
List of Boxes	p. xv
List of Tables	p. xvi
Preface	p. xvii
Acknowledgements	p. xix
The Origins of Trade
Ricardian Model and Extensions	p. 1
The basic Ricardian model of comparative advantage	p. 3
Extensions of the model	p. 22
Summary	p. 43
The general validity of the principle of comparative advantage	p. 43
Ricardian factor endowment theory	p. 46
Heckscher-Ohlin-Samuelson Model	p. 52
Introductions and assumptions	p. 52
The pre-trade economy	p. 54
Factor abundance	p. 74
The pattern of trade and the Heckscher-Ohlin theorem	p. 76
Trade and income-distributional effects	p. 90
Endowment changes and output changes	p. 93
Gains from trade	p. 103
The world trading equilibrium	p. 111
Summary	p. 117
Factor-intensity reversal	p. 118
Demand reversals	p. 123
Complete specialisation in production	p. 125
The Samuelson reciprocity condition	p. 129
The Augmented Heckscher-Ohlin-Samuelson Model	p. 131
Introduction	p. 131
The specific-factors model	p. 131
Some other specific trade models	p. 141
Higher-dimensional issues	p. 145
Summary	p. 152
'Dutch disease'	p. 154
Modern Theories of Trade--1: External Economies of Scale	p. 158
Rethinking the reasons for trade	p. 158
Economies of scale	p. 162
A trade model with external EOS	p. 163
Dynamic economies of scale	p. 171
Summary	p. 174
EOS and the international division of labour	p. 175
Modern Theories of Trade--2: Imperfect Competition	p. 177
New origins of trade	p. 177
Monopoly	p. 179
Oligopoly: the reciprocal dumping model	p. 184
Monopolistic competition: the Helpman--Krugman model	p. 194
Alternative explanations of intra-industry trade	p. 204
Summary	p. 207
The 2 [times] 2 [times] 2 Helpman--Krugman model	p. 208
Commodity Trade Flows: Methodological Appraisal and the Evidence	p. 215
Introduction	p. 215
Empirical testing	p. 216
Summary: can a trade theory explain the patterns of international trade?	p. 235
On the measurement of intra-industry trade	p. 239
International Factor Movements and Multinational Corporations	p. 245
Introduction	p. 245
International labour migration	p. 247
International borrowing and lending	p. 256
Foreign direct investments and multinationals	p. 267
Summary	p. 272
The simple theory of multinational corporation	p. 273
International Trade Policy
Economic Analysis of Tariffs	p. 279
Introduction	p. 279
A partial equilibrium analysis of tariffs	p. 281
A general equilibrium analysis of tariffs	p. 287
Optimum tariff and retaliation: an offer curve analysis	p. 300
The equivalence of tariffs, taxes and subsidies	p. 304
Tariffs and imperfect competition	p. 309
Summary	p. 317
The Metzler and Lerner paradoxes	p. 318
Economic analysis of Non-Tariff Barriers	p. 323
Introduction	p. 323
Import quotas	p. 325
Voluntary export restraints	p. 332
Dumping, anti-dumping, export subsidies and countervailing duties	p. 339
Environment and trade	p. 349
Other non-tariff measures	p. 352
Summary	p. 358
Arguments for Trade Barriers	p. 359
Introduction	p. 359
Static arguments for trade barriers	p. 359
Dynamic arguments for trade barriers	p. 371
Strategic arguments for trade barriers	p. 376
Summary	p. 381
The Measurement of Protection	p. 383
Introduction	p. 383
Nominal protection	p. 384
Effective protection	p. 386
The incidence of protection and true protection	p. 391
The cost of protection	p. 395
The Political Economy of Trade Policy	p. 400
Introduction	p. 400
The demand for protection	p. 401
The supply of protection	p. 410
Empirical evidence	p. 411
Summary	p. 412
Trade Policy, Transition and Economic Development	p. 413
Introduction	p. 413
Trade policy as an input to development	p. 416
Trade policy as an input to transition	p. 421
Trade liberalisation as an input to reform: the case of New Zealand	p. 433
Summary	p. 437
Economic Integration
The Theory of Economic Integration	p. 441
Introduction	p. 441
The basic theory of customs unions	p. 445
Customs unions versus free trade areas	p. 459
The basic theory of common markets	p. 461
Summary	p. 465
Empirical Analysis of the Effects of Integration	p. 466
Introduction	p. 466
Basic methods: a description	p. 466
Empirical measurement: the record so far	p. 468
Summary	p. 471
Economic Integration in Practice	p. 479
Introduction	p. 479
Europe	p. 480
North America	p. 492
Asia and the Pacific	p. 497
The Australia-New Zealand Closer Economic Relations Agreement	p. 501
Regional trading arrangements	p. 503
Regionalism and Multilateralism	p. 511
Introduction	p. 511
The extent of regionalisation in the world economy	p. 512
Regionalism and multilateralism: coexistence or conflict?	p. 516
The WTO and regional preferential agreements	p. 519
Summary	p. 522
The Uruguay Round	p. 523
List of Acronyms	p. 528
Glossary of Terms	p. 531
Endnotes	p. 553
References	p. 579
Index	p. 599
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