International Trade Theory [electronic resource] : Capital, Knowledge, Economic Structure, Money, and Prices over Time / by Wei-Bin Zhang.

International Trade and Trade Theory -- Classical International Trade Theories -- Trade with Imperfect Competition -- Trade with Factor Mobility -- Money, Exchange Rate, and Trade -- Growth of Small Open-Economies with Capital Accumulation -- One-Sector Global Growth Models with Capital Accumulation -- Growth, Trade Patten and Structure -- Growth and Trade with Capital and Knowledge -- Trade Dynamics with Innovation and Monopolistic Competition -- Growth, Money and Trade -- Trade Patterns and Dynamics.

The development of international trade theory has created a wide array of different theories, concepts and results. Economic students are trained to understand international interactions by severally incompatible theories one by one in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework which enables us to account for the phenomena explained by the current theories in a unified manner to draw together all of the disparate branches of trade theory into a single organized system of knowledge. This book provides a powerful but easy to operate - engine of analysis that sheds light not only on trade theory per se, but on many other dimensions that interact with trade, including inequality, saving propensities, education, research policy, and knowledge. The book starts with the traditional static trade theories. Then, it develops dynamic models with capital and knowledge under perfect competition and/or monopolistic competition.

ZDB-2-SBE