Developments of International Trade Theory

Developments of International Trade Theory offers the life-long reflections of a distinguished Japanese scholar who pioneered the application of general equilibrium theory to international trade. Written in a style that makes it easily accessible to scholars and students, the book combines standard topics on international trade with a discussion of the evolution of the theory and some recent discussions on topics like immiserizing growth.
This book is presented in two parts. Part I examines the historical progression of international trade theory. Part II addresses the modern theory and recent developments of international trade. This book offers a comprehensive evaluation of the non-monetary problems of international economics.

I. - 1 Mercantilism. - 2 Specie-flow Mechanism. - 3 Adam Smith and Division of Labor. - 4 Ricardo and Comparative Costs. - 5 J. S. Mill and Reciprocal Demand. - 6 Mill and Infant Industry. - 7 Marx and International Exploitation. - 8 Marshall and Offer Curve. - II. - 9 Theory of Production. - 10 Heckscher-Ohlin Theory (1). - 11 Heckscher-Ohlin Theory (2). - 12 Leontief Paradox. - 13 Domestic Distortions. - 14 Export and Welfare. - 15 Oligopoly. - 16 Immiserizing Growth. - 17 External Economies. - Authors Index.