International Trade

Richard Pomfret is Professor of International Economics at The Johns Hopkins University. To date he has taught in six countries, including Canada, West Germany, Australia and the UK.

• Preface. 1. Introduction.Part I: Modelling International Trade:.2. Why do countries trade with each other?.3. A General Equilibrium Model of International Trade.4. A Partial Equilibrium Model of International Trade.5. The Core Propositions of Neoclassical Trade Theory.Part II: Extensions and Modifications to the Basic Model:.6. Empirical Tests of Simple Trade Theories.7. Technology-based Trade Theories.8. Economies of Scale, Imperfect Competition, and Intra-Industry Trade.9 Intermission.Part III: Trade Policies:.10. Economic Effects of a Tariff.11. Non-Tariff Barriers to Trade.12. Arguments used in support of Trade Barriers.13. Measuring the Effects of Trade Barriers.14. The Political Economy of Trade Barriers.15. Discriminatory Trade Policies.16. International Trade and Economic Development.Part IV: Beyond Pure Trade Theory:.17. International Factor Movements, Trade in Services, and the BOP.18. Trade Policy when the BOP is in Disequilibrium.19. Exchange Rate Movements and International Trade.20. Conclusions.References.Index.