INTERNATIONAL TRADE THEORY AND COMPETITIVE MODELS: Features, Values, and Criticisms

World-renowned economist Ronald W. Jones gets to the essence of international trade theory in this collection of articles that span over half a century of his published work. As the global economy has grown, so too has the need for a deeper rooted understanding of trade — and its assorted benefits. With clear, simplifying prose, Jones elucidates the Ricardian, Heckscher–Ohlin, and Specific-Factors models of general equilibrium theory. Jones' pioneering work anticipates, among other chang...