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A comprehensive, balanced text, International Trade: Theory and Evidence is the perfect book for International Trade courses at the undergraduate level. It is appropriate either as part of a two-term International sequence (trade and finance) or in advanced courses in Trade that follow a one-term International Economics course. It can also be used as a background text for beginning graduate courses. Intermediate Microeconomics is an assumed pre-requisite for students using this text.


   1. Introduction.
   2. Supply and Production Possibilities.
   3. Preferences, Demand, and Welfare.
   4. General Equilibrium in Open and Closed Economies.
   5. The Gains from Trade.
   6. The Causes of International Trade.
   7. Differences in Technology.
   8. The Heckscher-Ohlin Model.
   9. The Specific Factor Model.
   10. Government Policies as Determinants of Trade.
   11. Imperfect Competition as a Determinant of Trade and the Gains from Trade.
   12. Increasing Returns to Scale.
   13. Tastes and Per Capita Income, and Technological Change as Determinants of Trade.
   14. Empirical Tests of Comparative-Advantage Trade Models.
   15. Tariffs.
   16. Quotas and Other Non-Tariff Barriers.
   17. Imperfect Competition, Increasing Returns, and Strategic Trade Policy.
   18. The Political Economy of Trade Policy.
   19. Administered Protection.
   20. Preferential Trade Areas.
   21. Trade in Factors of Production.
   22. Direct Foreign Investment and Multinational Firms.
   23. Factor Accumulation and International Trade.

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