Murray Kemp, "The Gains from Trade and the Gains from Aid: Essays in International Trade Theory"
Routledge | 1995 | ISBN: 0415130387 | 416 pages | PDF | 10,4 MB
"When does a country benefit from free trade?" The question was posedby Adam Smith more than 200 years ago. The Gains from Trade and theGains From Aid produces some satisfyingly general answers, focusing onthe normative side of trade theory with an emphasis on the Paretooptimality. The book discusses trade under perfect competition,restricted trade under perfect competition, trade under imperfectcompetition and other distortions, compensation and internationaltrade. This is an invaluable guide for those interested in the socialconsequences of international trade and aid.