Geometry of International Trade (Routledge Revivals)

‘A skilful geometrical analysis of trade theory … Professor Meade has made this study to show how various trading situations between two countries may be geometrically represented in two dimensions with suggestions as to how the technique might be helpful in judging economic policy.’ – The Economist‘A brilliantly lucid exposition of the use of a particular technique.’ – Economic Record

• 1. The Assumptions 2. The Consumption-Indifference Map and the Trade-Indifference Map 3. The Free Trade Equilibrium with a Zero Balance of Trade 4. The Case of Constant Costs 5. The Case of Decreasing Costa 6. The Representation of Commercial Policy with a Zero Balance of Trade 7. A Balance of Trade Deficit and the Rate of Exchange in Conditions of Free Trade 8. The General Case 9. The Trade-Indifference Map and Economic Welfare