The economics of international trade : an independent view
Author(s)
Bibliographic Information
The economics of international trade : an independent view
Quorum Books, 1992
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Note
Bibliography: p. [199]-201
Includes index
Description and Table of Contents
Description
This work presents a new theory and approach to the rapidly changing economics of international trade, which challenges the prevailing neo-Keynesian point of view. From a theoretical perspective, the author examines the arguments of classical and neoclassical economists to develop the concept of dynamic disequilibrium with respect to the business cycle and its influence on a country's international trade position. Additionally, this concept is applied to multinational corporations and customs unions such as the European Community in their practical trade relationships.
Beginning with an examination of the general contemporary problem of trade in an uncertain world, Rich moves on to review theories of international trade--the welfare utility function, the international utility function--and their applicability to our changing economic world. Particular attention is given to the rise of the European Economic Community and the role of multinational corporations in contemporary international trade.
Table of Contents
The Problem Situation On the Nature of This Work Trade in an Uncertain World Trade Theory: Comments and Critique The Theory of International Trade Introductory Comments International Economics: Concepts and Tools The Welfare Utility Function The International Utility Function The Changing Economic World Introductory Remarks Circa 1992: Multinational Corporations Circa 1992: Customs Unions Trade for a Developed Economy Concluding Comments Notes Selected Bibliography Index
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