Infothèque
Internation trade : theory and policy

"The text presents a balance of theoretical and practical coverage of international trade. Chapters on core theory are followed by a series of application chapters that confront policy questions using the newest empirical work, data, and policy debates. This structure enables students to grasp theoretical concepts and then see those same concepts in action, aiding retention and highlighting the relevance of course material. Key coverage includes the following:

 An integrated, empirical-based treatment of the latest models of trade, such as the gravity, Ricardian, factor endowments, and imperfect competition models.

 A thorough discussion of the causes and effects of trade policy focused on the income-distribution effects of trade.

 An emphasis on the potential substitutability of international trade and international movements of factors of production, featuring an analysis of international borrowing and lending as intertemporal trade—the exchange of present consumption for future consumption." [description Pearson]

Notice bibliographique

KRUGMAN, Paul R., Maurice OBSTFELD and Marc J. MELITZ. International trade : theory & policy. 11th Ed. Harlow: Pearson, 2018. 368 p. ISBN 9781292216355