- 419 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Theory and Reality of International Trade
About this book
In recent decades international trade theory has not been very helpful, overall, in explaining the causes and effects of contemporary trade flows. This has been due, first, to trade theory continuing to refer to the Ricardian principle of comparative advantage, which is based on a number of irrealistic hypotheses such as full employment and trade balances' equilibrium. And, second, to the fact that the non-satisfaction of key Ricardian hypotheses has hindered the working of trade balance re-equilibrating mechanisms; as a result, countries' absolute advantages, possibly more than comparative ones, appear to determine countries' trade flows. This book, using plain language that makes it accessible to non-economists, offers a new perspective, describing some recent lines of research that throw light on the key determinants and the main problems of the contemporary structure of international trade, such as power relations and the role of standards and networks. One of the aims is to show the crucial importance of non-economic forces – historical, political and technological – in shaping countries' trade flows and countries' position in the international economic hierarchy.
Information
Subtopic
MacroeconomicsIndex
EconomicsTable of contents
- THEORY AND REALITY OF INTERNATIONAL TRADE
Trusted by 375,005 students
Access to over 1.5 million titles for a fair monthly price.
Study more efficiently using our study tools.
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn how to download books offline
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.5M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1.5 million books across 990+ topics, we’ve got you covered! Learn about our mission
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more about Read Aloud
Yes! You can use the Perlego app on both iOS and Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Yes, you can access Theory and Reality of International Trade by Massimo Roccas in PDF and/or ePUB format, as well as other popular books in Economics & Macroeconomics. We have over 1.5 million books available in our catalogue for you to explore.