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Imperfect competition in international trade (Hardcover, 1995 ed.)
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Imperfect competition in international trade (Hardcover, 1995 ed.)
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A theoretical analysis of international trade and industrial
policy, developing and using new models of trade with imperfect
competition. Modeling of imperfect competition within international
trade has been difficult until recent breakthroughs in this area,
which have provided a more realistic view of the world economy. The
book builds on the advances provided by such tools as game theory
and the theory of monopolistic competition. The first section
covers broad and basic trade issues which arise under imperfect
competition. Section two examines implications for trade policy
covering issues such as strategic trade policy in static and
dynamic settings. Section three deals with various structural
issues, such as optimal choice of trade liberalizing policies, the
formation of trade blocks, and open dualistic economy with
externalities.
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