Free Trade And Absolute And Comparative Advantage
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| Author | : Reinhard Schumacher |
| Publisher | : Universitätsverlag Potsdam |
| Total Pages | : 116 |
| Release | : 2012 |
| Genre | : Political Science |
| ISBN | : 3869561955 |
This thesis deals with two theories of international trade: the theory of comparative advantage, which is connected to the name David Ricardo and is dominating current trade theory, and Adam Smith’s theory of absolute advantage. Both theories are compared and their assumptions are scrutinised. The former theory is rejected on theoretical and empirical grounds in favour of the latter. On the basis of the theory of absolute advantage, developments of free international trade are examined, whereby the focus is on trade between industrial and underdeveloped countries. The main conclusions are that trade patterns are determined by absolute production cost advantages and that the gap between developed and poor countries is not reduced but rather increased by free trade.
| Author | : Adam Smith |
| Publisher | : |
| Total Pages | : 522 |
| Release | : 1822 |
| Genre | : Economics |
| ISBN | : |
| Author | : Lawrence J. Gitman |
| Publisher | : |
| Total Pages | : 1455 |
| Release | : 2024-09-16 |
| Genre | : Business & Economics |
| ISBN | : |
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
| Author | : David Ricardo |
| Publisher | : |
| Total Pages | : 566 |
| Release | : 1821 |
| Genre | : Economics |
| ISBN | : |
| Author | : Elhanan Helpman |
| Publisher | : MIT Press |
| Total Pages | : 316 |
| Release | : 1991 |
| Genre | : Business & Economics |
| ISBN | : 9780262081993 |
Centering on questions of the potential optimality of some trade protection, these original contributions present research at the frontier of international trade and trade policy. They expand and test the new trade theory that has developed during the last decade, incorporating elements of industrial organization and political economy into the study of trade structure and the formation of trade policy. Essays in the first two parts take up trade policy, addressing issues such as the formation of trading blocks, strategic trade policy, the political economy of protection, growth-oriented trade policies, and including empirical studies of the welfare effects of quality - upgrading voluntary export restrictions and import quotas. Essays in the third part discuss various structural issues such as trade in services, intersectoral adjustments, and the advantage of early entry. Elhanan Helpman and Assaf Razin are Professors of Economics at Tel Aviv University and NBER Research Associates. Contents: Trade Policy: Theory. Is Bilateralism Bad? Paul R. Krugman. Strategic Trade Policy and Direct Foreign Investment: When Are Tariffs and Quotas Equivalent? James A. Levinsohn. Making Altruism Pay in Auction Quotas, Kala Krishna. On the Ineffectiveness of Made-to-Measure Protectionist Programs, Aaron Tornell. Export Subsidies and Price Competition, Peter Neary. Adverse Selection in Credit Markets and Infant Industry Protection, Harry Flam and Robert W. Staiger. Protection, Politics, and Market Structure, Arye L. Hillman. Growth and Welfare in a Small Open Economy, Gene M. Grossman and Elhanan Helpman. Trade Policy: Evidence. Quality Upgrading and Its Welfare Cost in U.S. Imports, 1969-74, Randi Boorstein and Robert C. Feenstra. Counting the Cost of Voluntary Export Restraints in the European Car Market, Alasdair Smith and Anthony J. Venables. Structural Issues. Services in International Trade, Wilfred J. Ethier and Henrik Horn. First-Mover Advantages, Blockaded Entry, and the Economics of Uneven Development, James R. Markusen. Wage Sensitivity Rankings and Temporal Convergence, Ronald W. Jones and Peter Neary.
| Author | : Douglas A. Irwin |
| Publisher | : Princeton University Press |
| Total Pages | : 290 |
| Release | : 1998-01-11 |
| Genre | : Business & Economics |
| ISBN | : 9780691058962 |
A delightful as well as educational read. It should be a set text for anyone interested in trade policy - The Economist.
| Author | : Giancarlo Gandolfo |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 669 |
| Release | : 2013-08-13 |
| Genre | : Business & Economics |
| ISBN | : 3642373143 |
In the present text the author deals with both conventional and new approaches to trade theory and policy, treating all important research topics in international economics and clarifying their mathematical intricacies. The textbook is intended for undergraduates, graduates and researchers alike. It addresses undergraduate students with extremely clear language and illustrations, making even the most complex trade models accessible. In the appendices, graduate students and researchers will find self-contained treatments in mathematical terms. The new edition has been thoroughly revised and updated to reflect the latest research on international trade.
| Author | : Christopher Findlay |
| Publisher | : World Scientific |
| Total Pages | : 332 |
| Release | : 2009-12-21 |
| Genre | : Political Science |
| ISBN | : 9814468223 |
Free Trade Agreements (FTAs) have proliferated in East Asia as regional economies rush to catch up with the rest of the world — but what difference do they make? This book answers that question by providing an up-to-date assessment of the quality and impact of FTAs in the region. Featuring a collection of papers originally written for the prestigious Research Institute for Economy, Trade and Industry (RIETI) in Tokyo, it presents contemporary analysis and insights into the evolution of recent FTAs. The book is suitable for use by trade policy negotiators, policy analysts, and people developing business strategies in organizations, as well as graduate students and researchers in the field.
| Author | : Anwar Shaikh |
| Publisher | : Routledge |
| Total Pages | : 326 |
| Release | : 2007-01-24 |
| Genre | : Business & Economics |
| ISBN | : 1135986959 |
Written by an international team of contributors this book is a critical examination of the ongoing enterprise of neoliberalism; its history, theory, practice, and most of all, of its outcomes.
| Author | : Robert Mitchell Stern |
| Publisher | : |
| Total Pages | : 368 |
| Release | : 1985 |
| Genre | : Canada |
| ISBN | : |
