An Overview

Giancarlo Gandolfo

Chapter Chapter 7 in International Trade Theory and Policy, 2014, pp 159-164 from Springer

Abstract: Abstract The traditional theory of international trade, as set forth in Part I, is founded on two hypotheses: (1) perfect competion obtains, and (2) the commodities which are internationally traded are homogeneous. Notwithstanding the criticism of several precursors (treated in the next chapter), it was only in the late 1970s and in the 1980s that the consequences of dropping one or both of these hypotheses were formally examined. The present chapter gives an overview of these new explanations for international trade.

Keywords: International Trade; Traditional Theory; Trade Theory; Vertical Differentiation; Market Form (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-37314-5_7

Ordering information: This item can be ordered from
http://www.springer.com/9783642373145

DOI: 10.1007/978-3-642-37314-5_7

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().