International economics

Front Matter....Pages i-xvii
Introduction: international economics and economic theory....Pages 1-8
Front Matter....Pages 9-9
The theory of comparative advantage and the gains from trade....Pages 11-27
Production functions in international trade: the box diagram....Pages 28-40
Comparative advantage in the Heckscher-Ohlin trade model....Pages 41-46
Commodity and factor prices under trade: factor-price equalization....Pages 47-55
The gains from trade and the income distribution....Pages 56-60
Factor reversals and factor prices: empirical testing and the Leontief paradox....Pages 61-76
Alternative theories of trade....Pages 77-91
Front Matter....Pages 93-93
Economic growth and international trade during the nineteenth and twentieth centuries....Pages 95-113
A model of economic growth and international trade where growth is unspecified....Pages 114-125
Increases in factor endowments and international trade: the Rybczynski theorem....Pages 126-131
Technical progress and international trade....Pages 132-150
The terms of trade and the international income in the growth process....Pages 151-165
Front Matter....Pages 167-167
Tariffs under optimal market conditions....Pages 169-186
Quotas and quantitative restrictions: state trading....Pages 187-195
Tariffs, subsidies, and distortions in commodity and factor markets....Pages 196-214
Import-substitution versus export-push....Pages 215-231
GATT, the EEC, the Kennedy Round, and the Tokyo Declaration....Pages 232-242
UNCTAD and trade policies for less developed countries....Pages 243-258
A new economic world order?....Pages 259-274
Front Matter....Pages 167-167
The theory of customs unions....Pages 275-285
Direct investments and the multinational firm....Pages 286-312
Front Matter....Pages 313-313
The market for foreign exchange....Pages 315-328
The balance of payments....Pages 329-340
Foreign trade and national income....Pages 341-353
International economic policy and the adjustment mechanism....Pages 354-376
The monetary approach to the balance of payments....Pages 377-397
Fixed versus flexible exchange rates....Pages 398-416
The aims-means analysis for reaching internal and external equilibrium....Pages 417-437
Front Matter....Pages 439-439
The Bretton Woods system....Pages 441-458
The present international monetary system....Pages 459-485
Back Matter....Pages 487-524