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The Economics of International Trade

The Economics of International Trade


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About the Book

This work presents a new theory and approach to the rapidly changing economics of international trade, which challenges the prevailing neo-Keynesian point of view. From a theoretical perspective, the author examines the arguments of classical and neoclassical economists to develop the concept of dynamic disequilibrium with respect to the business cycle and its influence on a country's international trade position. Additionally, this concept is applied to multinational corporations and customs unions such as the European Community in their practical trade relationships.

Beginning with an examination of the general contemporary problem of trade in an uncertain world, Rich moves on to review theories of international trade--the welfare utility function, the international utility function--and their applicability to our changing economic world. Particular attention is given to the rise of the European Economic Community and the role of multinational corporations in contemporary international trade.


About the Author:

DAVID Z. RICH serves as economic consultant to a number of business firms and international corporations. A resident of Israel since 1969, he is the author of Contemporary Economics: A Unifying Approach (Praeger, 1986), The Dynamics of Knowledge: A Contemporary View (Greenwood Press, 1988), and The Economics of Welfare: A Contemporary Analysis (Praeger, 1989).


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Product Details
  • ISBN-13: 9780899307534
  • Publisher: Quorum Books
  • Publisher Imprint: Quorum Books
  • Height: 244 mm
  • No of Pages: 216
  • Series Title: English
  • Sub Title: An Independent View
  • Width: 162 mm
  • ISBN-10: 0899307531
  • Publisher Date: 30 Apr 1992
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Spine Width: 22 mm
  • Weight: 566 gr


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