Research Catalog

Details

Description

1. xv, 381 p. : graphs; 25 cm.

Summary

1. Trade policy has long been a contentious issue within economic theory, and the contemporary significance of the US trade deficit makes an understanding of international economics more vital than ever. In a non-mathematical and accessible style the author presents his analysis of these issues.

Subject

1. Economic development
2. International economic relations

Contents

1. Prologue. Toward an international public order -- I. Theory of trade policy. International specialization : Appendix, General equilibrium analysis ; The gains from trade : Appendix, Welfare criteria ; Optimal trade interventions ; Fair trade -- II. Theory of balance of payments policy. Balance of payments problems : Appendix, Balance of payments accounting ; The adjustment process : elasticities approach ; The adjustment process : absorption approach : Appendix, Foreign trade multiplier analysis ; Money and asset markets ; International monetary systems ; Balance of payment policy -- III. Theory of international development policy. The open dualistic economy ; Trade regimes ; Resource transfers -- Epilogue. From theory to policy.

Owning institution

1. Harvard Library

Bibliography (note)

1. Includes bibliographies and indexes.