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International Trade: Theory and Policy, 11th edition

Published by Pearson (September 18, 2020) © 2018

  • Paul R. Krugman The Graduate Center, City University of New York , Princeton University , University of California, Berkeley
  • Maurice Obstfeld University of California, Berkeley
  • Marc Melitz Harvard University
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International Trade balances coverage of concepts and applications. Detailed discussion of policy follows an intuitive introduction to international trade theory.

Brief Table of Contents

  1. Introduction

PART 1: International Trade Theory

  1. World Trade: An Overview
  2. Labor Productivity and Comparative Advantage: The Ricardian Model
  3. Specific Factors and Income Distribution
  4. Resources and Trade: The Heckscher-Ohlin Model
  5. The Standard Trade Model
  6. External Economies of Scale and the International Location of Production
  7. Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises

PART 2: International Trade Policy

  1. The Instruments of Trade Policy
  2. The Political Economy of Trade Policy
  3. Trade Policy in Developing Countries
  4. Controversies in Trade Policy

Mathematical Postscripts

  • Postscript to Chapter 5: The Factor-Proportions Model
  • Postscript to Chapter 6: The Trading World Economy
  • Postscript to Chapter 8: The Monopolistic Competition Model

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