Theory of International Trade: A Dual, General Equilibrium Approach (Cambridge Economic Handbooks)

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial. 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 the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.Victor Norman is the author of 'Theory of International Trade: A Dual, General Equilibrium Approach (Cambridge Economic Handbooks)', published 1980 under ISBN 9780521234818 and ISBN 0521234816.