Trade, Policy, and International Adjustments

Trade, Policy, and International Adjustments

1st Edition - February 28, 1991

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  • Editors: Akira Takayama, Michihiro Ohyama, Hiroshi Ohta
  • eBook ISBN: 9781483260228

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Trade, Policy, and International Adjustments covers the theoretical issues, macroeconomics, and mathematical methods in the field of international economics. The book summarizes and illustrates the various contributions to the field of international economics. The text presents studies on the issues in international trade and commercial policies; voluntary export restrictions; application of a geometric technique to a multidimensional problem concerning the Stolper-Samuelson theorem; the symmetry theorem between tariffs and quotas in the context of a monetary economy under flexible exchange rates; and application of the Hopf bifurcation theory to the theory of international capital mobility. Economists, teachers, and students of economics will find the book very insightful.

Table of Contents

  • Contents




    Part I. Recent Issues in International Trade and Commercial Policies

    1. Voluntary Export Restraints

    2. "Trade" or "Aid"?

    3. Strategic Tariff Policy in a Model of Trade in Intermediate and Final Products

    4. Predatory Dumping as Signal Jamming

    5. Multinational Corporations and Absolute Advantage: The Symmetric Case

    Part II. The Pure Theory of International Trade

    6. The Stolper-Samuelson Theorem, the Leamer Triangle, and the Produced Mobile Factor Structure

    7. Variable Returns to Scale, Paradoxes, and Global Correspondences in the Theory of International Trade

    8. International Factor Mobility and Immiserizing Growth under Variable Returns to Scale

    9. Choice between Free Trade and Controlled Trade under Economies of Scale

    Part III. Macroeconomic Issues

    10. Exchange Rates, the Terms of Trade, and the Current Account

    11. The Equivalence of Tariffs and Quotas under Flexible Exchange Rates in a Monetary Model

    12. The Short-Run Price - Quantity Adjustments in a Simple Two-Sector World Model

    Part IV. Mathematical Methods and International Trade Theory

    13. Cyclical International Capital Flows

    14. Factor Price Equalization

    15. The Stability of Dynamic Processes with Instantaneous Adjustment and the Pure Theory of International Trade


    Previous Volumes in the Series

Product details

  • No. of pages: 326
  • Language: English
  • Copyright: © Academic Press 1991
  • Published: February 28, 1991
  • Imprint: Academic Press
  • eBook ISBN: 9781483260228

About the Editors

Akira Takayama

Michihiro Ohyama

Hiroshi Ohta

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