Theory of International Trade A Dual, General Equilibrium Approach

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.Dixit, Avinash K. is the author of 'Theory of International Trade A Dual, General Equilibrium Approach', published 1980 under ISBN 9780521299695 and ISBN 0521299691.