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Title Details:
International trade theory
Authors: Tsounis, Nikolaos
Reviewer: Kyrikos, Dimitrios
Subject: LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS > TRADE
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > ECONOMIC DEVELOPMENT, TECHNOLOGICAL CHANGE, AND GROWTH > TECHNOLOGICAL CHANGE; RESEARCH AND DEVELOPMENT; INTELLECTUAL PROPERTY RIGHTS
Keywords:
Pure theory of trade
International trade
Economic intergration
Theory of tariffs
Non tariff protection
Description:
Abstract:
The branch of International Economics that examines the economic relations of various economies is divided into International Monetary Relations, which examine the relationships between economies concerning the balance of payments, and the Theory of International Trade, which concerns the long-term equilibrium in the economic relations developed between different economies. Specifically, it examines why specialization forms the basis for the commencement of trade, whether this increases the welfare level of economic units, and what the basis is for the creation of trade flows between countries. The issues examined by International Monetary Relations are of a short-term nature, while those of the Theory of International Trade are of a long-term nature. The theory of International Trade is divided into: Positive Economics Welfare Economics The basic questions that positive economics seek to answer include: What goods are traded between countries? With whom is the trade conducted? In what quantities will the goods be exchanged? The main topics examined within welfare economics include: The impact on a country of barriers introduced in the export movement of goods between countries (e.g., tariff and non-tariff protection measures). The theory of economic integration, which examines what happens between countries that create preferential trade relationships. The book is intended for students of economics departments who are having their first encounter with the theory of International Trade. The theories presented to explain trade flows between countries are based on the classical and neoclassical schools of economic thought and are presented in their historical order. Theories of International Trade that explain trade flows based on technological change are also examined.
Linguistic Editors: Kioseoglou, Nerina
Technical Editors: Tsarpalis, Konstantinos
Type: Undergraduate textbook
Creation Date: 2015
Item Details:
ISBN 978-960-603-054-3
License: Attribution - NonCommercial - ShareAlike 4.0 International (CC BY-NC-SA 4.0)
DOI http://dx.doi.org/10.57713/kallipos-818
Handle http://hdl.handle.net/11419/1890
Bibliographic Reference: Tsounis, N. (2015). International trade theory [Undergraduate textbook]. Kallipos, Open Academic Editions. https://dx.doi.org/10.57713/kallipos-818
Language: Greek
Consists of:
1. Initial Views on International Trade – The Mercantilists and the Physiocrats
2. The Classical Views on International Trade
3. The neoclassical theory of International Trade
4. Theories explaining trade flows based on technology
5. Economic growth and international trade
6. The theory of tariffs
7. Non-tariff protection measures
8. International trade regulation agreements
9. Customs unions and forms of economic integration
Number of pages 171
Publication Origin: Kallipos, Open Academic Editions
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