Featuring an algebraic and geometric treatment of the various models and results of trade theory, this edition is expanded and revised. The authors offer both policy insights and empirical applications. They have added nine new chapters, as well as new sections to several existing chapters - for example, an expanded treatment of the growing theory of preferential trade agreements.
This book contains all the very best thinking done in international trade. The book is very densely written, and definitely aimed at those taking graduate level courses (with a good mathematical background). The explanations are very good, especially for graphs (a major shortcoming of most economics texts I think). This book serves as a permanent one-volume reference to any issues regarding international trade.
excellent book to learn from
Published by Thriftbooks.com User , 22 years ago
Although international trade theory/international economics is not the field I would like to specialize in, this is one of the textbooks I would like to buy and keep as a reference. The writing is clear; the authors make an effort to explain almost every step of an equation. Moreover, the graphs are fully explained. I highly recommend this book. I regret that I only used this book for one course, so we were not able to use it more. For graduate level trade theory, I do not think this textbook has a competitor.
the castor oil of international trade theory
Published by Thriftbooks.com User , 24 years ago
This volume synthesizes decades of research in international trade theory. It is comprehensive, and graduate students and working professionals will find it a handy summary of a huge corpus of research. Material is presented in verbal, graphical, and light algebraic form, and the key background references are given at the end of each chapter. These are a little sparse but this is a quibble.Be forewarned: the book is densely written (Jagdish saves his spare words for his polemics), and generations of graduate students have told me that they hate it. Big deal. This is the castor oil of international trade theory -- open up and drink it down -- it's good for you.
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