Advanced International TradeThe reading list for each topic is separated into two groups: "essential" and "recommended. There are no required textbooks. The following books are cited in the reading list by the abbreviations indicated. The Economics of the World Trading System. MIT Press, ISBN:
International trade: theory and evidence
Factor intensities refer to the capital-labor ratios used in different in- dustries at a common set of factor prices. One person found this helpful. The four value-of-marginal-product conditions are given by:. The International Edition is not available in North America.
Amiti, called the efficiency locus. There is no necessary relationship between a country's restrictions on trade and its aggregate level of exports or imports. Three-dimensional diagrams are awkward to draw and are not very useful in illustrating economic phenomena. B COy, and Wei.
In Advanced International Trade, Robert Feenstra integrates the most current theoretical approaches with empirical evidence, and these materials are.
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Theory and Evidence. James R. University of Colorodo, Boulder. University of Waterloo. William H. University of Colorado, Boulder.
Upcoming SlideShare. In general, we will ignore the negative sign throughout the book and refer to the slope. Consider moving between any two pomts m. Increase the amount of that factor. In Part 2 we go on to develop specific theories of why countries trade with one another.