Theory of International Trade: A Dual, General Equilibrium Approach

by Avinash K. Dixit, Victor Norman, Norman Victor

Book Overview

This 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...

• Format: Paperback
• Language: English
• ISBN: 0521299691
• ISBN13: 9780521299695
• Release Date: September 1980
• Publisher: Cambridge University Press
• Length: 352 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.7" x 5.2" x 8.5"