International trade : theory and policy.
(E-Book, Online Content)
Contributors
Open Textbook Library, distributor.
Published
Arlington, Virginia : Saylor Academy, 2010-.
Physical Desc
1 online resource : illustrations (some colour).
More Details
Published
Arlington, Virginia : Saylor Academy, 2010-.
Format
E-Book, Online Content
Language
English
Notes
Current Publication Frequency
Updated irregularly.
Bibliography
Includes bibliographical references.
Description
"The text also addresses current issues such as free trade area formation and administered protection policies. The models are developed, not by employing advanced mathematics, but rather by walking students through a detailed description of how a model’s assumptions influence its conclusions. But more importantly, each model and theory is connected to real world policy issues. The main purpose of the text is to provide a thorough grounding in the arguments concerning the age-old debate about free trade versus protectionism. This text has the following unique features: The text begins with an historical overview of trade policy issues to provide context for the theory. The text concludes with a detailed economic argument supporting free trade. The welfare analysis in the Ricardian, Heckscher-Ohlin and specific factors models emphasize the redistributive effects of free trade by calculating changes in real incomes. The trade policy chapter provides a comprehensive look at many more trade policies than are found in a printed textbook. A chapter about domestic policies contains an evaluation of domestic taxes and subsidies that are often ignored in traditional trade textbooks but are increasingly important as large countries complain more about each other's domestic agriculture policies and labor and environmental policies.The text uses the theory of the second-best to explain why protection can improve national welfare. This well-known theoretical result is rarely presented as methodically and consistently as it is in this text."--Open Textbook Library.
System Details
Mode of access: World Wide Web.
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Copies
Location | Format | Call Number | Status |
---|---|---|---|
Access online version | Online Content | Online | Available Online |
Embry Riddle Aero University - EBOOK - EBook - Follow link or ask library staff for assistance | E-Book | HF1379.S869 EB | Find It Now |
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Citations
APA Citation, 7th Edition (style guide)
(2010). International trade: theory and policy . Saylor Academy.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)2010. International Trade: Theory and Policy. Saylor Academy.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)International Trade: Theory and Policy Saylor Academy, 2010.
MLA Citation, 9th Edition (style guide)International Trade: Theory and Policy Saylor Academy, 2010.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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