International Trade Theory: A Critical Review (routledge Studies In International Business And The World Economy)
by Murray Kemp /
2008 / English / PDF
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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.
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.
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.