Theory of International Trade
A Dual, General Equilibrium Approach
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Theory of International Trade by Avinash K. Dixit
Book DescriptionThis 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.
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Book DetailsISBN: 9780521299695
(216mm x 138mm x 20mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 30-Sep-1980
Country of Publication: United Kingdom
Books By Author Avinash K. Dixit
Games of Strategy, Paperback (February 2015)
The most accessible game theory text brings game theory to the masses.
Microeconomics, Paperback (April 2014)
The issues of microeconomics - including individuals' financial choices and firms' decisions about hiring and firing - have a large impact on the economic world, arguably as much, if not more than, macroeconomics. In this Very Short Introduction Avinash Dixit clearly explains what microeconomics is by using examples from around the world.
Art of Strategy, Paperback (February 2010)» View all books by Avinash K. Dixit
"I am hard pressed to think of another book that can match the combination of practical insights and reading enjoyment."-Steven Levitt
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