International Trade under Oligopoly Conditions
Roy J. Ruffin
Review of International Economics, 2003, vol. 11, issue 4, 577-587
Abstract:
The paper gives a simple representation of how oligopoly affects the general theory of international trade. Three points are emphasized: the simplicity of trade under oligopoly in the Ricardian model; the equations describing the general equilibrium of a world economy with any number of goods, countries, and factors under oligopolistic conditions and an integrated world market; and a complete description of the solution of a Mill–Ricardo–Cournot model with oligopoly in one sector and perfect competition in the other.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:bla:reviec:v:11:y:2003:i:4:p:577-587
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