Comparative Advantage in International Trade: A Historical PerspectiveEdward Elgar Pub., 1998 - 258 стор. Analyzes the evolution of the concept of comparative advantage in international trade from the early 1700s to the present day. The author also assesses the concept's current validity in explaining an economy's pattern of specialization in light of the criticisms of the new trade theory of the past couple decades. The works of Adam Smith, David Ricardo, Alexander Hamilton, Enrico Barone, and others are examined and related to current views on comparative advantage. Annotation copyrighted by Book News, Inc., Portland, OR |
Зміст
The Concept of Comparative Advantage | 10 |
Theories of International Trade up to Adam Smith | 26 |
3 | 34 |
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Comparative Advantage in International Trade: A Historical Perspective Andrea Maneschi Обмежений попередній перегляд - 1998 |
Загальні терміни та фрази
absolute advantage Adam Smith agricultural argued assumption autarky price ratios capital Chapter Chipman cloth comparative advantage comparative costs country's David Ricardo DDN index diagram division of labor dynamic economic economies of scale economy's Edgeworth Eli Heckscher England factor endowments factor price equalization factors of production foreign trade formulation free trade Friedrich List gains from trade given Haberler Haberler's Hamilton Heckscher and Ohlin Heckscher-Ohlin model Heckscher-Ohlin theory implies imports increasing returns infant industry international trade international values Krugman later List Longfield manufactures Marshall mathematical mercantilist Mill Mill's multicommodity natural noted offer curves output Pareto Political Economy price of corn profit rate protection reciprocal demand Ricardian model Ricardo Samuelson Schumpeter sector specialization terms of trade theorem theory of comparative theory of international theory of trade theory of value Torrens trade equilibrium trade model trade theory transformation curve Viner wages Wealth of Nations Whewell Whewell's
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