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This rigorous and comprehensive text encompasses modern theoretical
and applied methods of analysis in the field of international
trade. Rather than presenting the theory as fact, the authors
illustrate the application of theory and consider those areas where
theory appears deficient to explain observed phenomena.
The analysis begins with perfect competition, followed by an
examination of imperfectly competitive market structures (including
a wide range of models of price and quantity competition) and of
multinational production. Part 1 provides an overview of the
patterns and policy of the trading world; part 2 explores the trade
and trade policy of competitive markets; part 3 discusses the trade
and trade policy of imperfectly competitive markets. Of special
interest are the final two chapters in part 4, which provide an
updated analysis of topics that are not typically covered in other
texts, namely the properties of exchange rate regimes for
international trade and the relationship between growth and
international trade.
The appendix provides a wealth of sources of data, most of which
are available on the Internet. Another useful feature are the
selected references and list of additional readings, ordered in
terms of main topics, which appear at the end of each chapter.
The book is designed to be adopted as the core text for advanced
undergraduate or graduate courses in international trade;
prerequisites are courses in intermediate microeconomics and
introductory econometrics.
Harry P. Bowen is Associate Professor (Adjunct) of Economics,
University of California at Irvine. Abraham Hollander is Associate
Professor of Economics, University of Montreal, and
AssociateResearcher at the Centre de Recherche et de Developpement
en Economique. Jean-Marie Viaene is Professor of Economics, Erasmus
University, Rotterdam, and Research Fellow at the Tinbergen
Institute.
This title was formally part of the Studies in International Trade
Policy Series, now called Studies in International Economics.
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