Murray C. Kemp – författare

This book focuses on the normative side of trade theory and is divided into five parts:* trade under perfect competition;* restricted trade under perfect competition;* trade under imperfect competition and other distortions;* Compensation: lumpsum, non-lumpsum or neither?* International trade

When can a country be said to benefit from free trade?This question has obsessed economists for more than 200 years, and a definitive answer has never been provided. Continuing the influential work begun in The Gains from Trade and the Gains from Aid, (Routledge 1995), Murray Kemp here presents the recent progress he and his co-workers have made in tackling this important question.

Most economic activity involves cross-border transactions at some point in the supply chain. The volumes reprinted here offer a wide range of perspectives on one of the most important areas of economics.

This book focuses on the normative side of trade theory and is divided into five parts:* trade under perfect competition;* restricted trade under perfect competition;* trade under imperfect competition and other distortions;* Compensation: lumpsum, non-lumpsum or neither?* International trade