ENGLISH

International Trade Theory: A Critical Review

Book information

Publisher
Routledge
Year
2008
ISBN
0415437652, 9780415437653, 9780203927168
Open Library ID
OL10206598M
Language
english
Format
PDF
Filesize
1 MB (1364640 bytes)
Series
Routledge Studies in International Business and the World Economy
Edition
1
Pages
241\241
Topic
Economy
Scanned
yes
Time added
2010-05-31 00:48:14

Description

Murray C. Kemp is one of Australia's foremost economists. He has held positions across the world including London School of Economics, U.C. Berkeley, Columbia University, McGill University, MIT, and latterly Macquarie University. Kemp was a Member of Council for the Econometric Society and was a Distinguished Fellow of the Economics Society of Australia. He has served as President of the International Economics and Finance Society. In 1987 he was awarded the Humboldt Foundation Prize. This book brings together several essays on the current state of the theory of international trade. As the book's title suggests, the essays are critical of several major components of the existing theory; thus, the Ricardian principle of comparative advantage, the ancient and widely accepted belief that international free trade is potentially beneficial for all countries, and the more recently developed normative analysis of international transfers (foreign aid, war indemnities) are shown to be seriously defective.

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