Developments of International Trade Theory offers the life-long reflections of a distinguished Japanese scholar who pioneered the application of general equilibrium theory to international trade. Written in a style that makes it easily accessible to scholars and students, the book combines standard topics on international trade with a discussion of the evolution of the theory and some recent discussions on topics like immiserizing growth. This book is presented in two parts. Part I examines the historical progression of international trade theory. Part II addresses the modern theory and recent developments of international trade. This book offers a comprehensive evaluation of the non-monetary problems of international economics.

Inhalt

Preface. Part 1: 1. Mercantilism. 2. Specie-flow Mechanism. 3. Adam Smith and Division of Labor. 4. Ricardo and Comparative Costs. Appendix to Chapter 4 Kojima on Ricardo. 5. J.S. Mill and Reciprocal Demand. Appendix to Chapter 5 Mill and Thornton. 6. Kill and Infant Industry. 7. Marx and International Exploitation. 8. Marshall and Offer Curve. Part 2: 9. Theory of Production. 10. Heckscher-Ohlin Theory (1). 11. Heckscher-Ohlin Theory (2). 12. Leontief Paradox. 13. Domestic Distortions. 14. Export and Welfare. 15. Oligopoly. Appendix to Chapter 15 Tariffs versus Quotas. 16. Immiserizing Growth. Appendix to Chapter 16 Second Best Problems. 17. External Economies. Appendix to Chapter 17 Internal Economies. Author Index. Subject Index.