The floating world : issues in international trade theory / Wilfred J. Ethier.

Includes bibliographical references.

Print version record.

pt. I. Factor-endowments theory. ch. 1. Some of the theorems of international trade with many goods and factors. ch. 2. The general role of factor intensity in the theorems of international trade -- pt. II. Economies of scale. ch. 3. Decreasing costs in international trade and Frank Graham's argument for protection. ch. 4. Internationally decreasing costs and world trade. ch. 5. National and international returns to scale in the modern theory of international trade -- pt. III. International factor markets. ch. 6. International trade and labor migration. ch. 7. Illegal immigration: The host country problem. ch. 8. The multinational firm -- pt. IV. Regional integration. ch. 9. A new look at economic integration. ch. 10. Regionalism in a multilateral world. ch. 11. The new regionalism -- pt. V. The political economy of trade policy. ch. 12. Unilateralism in a multilateral world. ch. 13. Political externalities, nondiscrimination, and a multilateral world. ch. 14. Punishments and dispute settlement in trade agreements: The equivalent withdrawal of concessions. ch. 15. Selling "protection for sale". ch. 16. The political economy of protection. ch. 17. The political-support approach to protection -- pt. VI. Administered protection. ch. 18. The economics and political economy of managed trade. ch. 19. Dumping -- pt. VII. Some topics in trade theory. ch. 20. The greater the differences, the greater the gains? ch. 21. Globalization, globalisation: Trade, technology and wages. ch. 22. The theory of effective protection in general equilibrium: Effective-rate analogues of nominal rates.

In The Floating World, Emeritus Professor of Economics Wilfred Ethier collates 22 papers that delve deep into the study on International Trade Theory. These papers are grouped into six distinct sections. Each covers an overarching research program in trade theory - Factor-Endowments Theory, Economies of Scale, International Factor Markets, Regional Integration, the Political Economy of Trade Policy, and Administered Protection. An additional section for important papers outside of those programs is also included. With papers originally written in the 1970s all the way up to recent times, Ethier provides contemporary commentary for each section, referring to further sources, candid accounts on the state of international trade theory at the time and how each paper contributed to further improvements of their respective research program.

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