The primary aim of this work is to present the modern theory of international trade within a unified framework, placing the traditional two-dimensional model and its simple generalizations in proper perspective. This general and unified analysis is based upon microeconomic principles and the use of modern duality theory. Topics are thereby examined in terms of cost, expenditure, indirect utility and gross national production, rather than production, direct utility and transformation functions. When using su…
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Weekendaanbieding International trade and resource allocation – A. D. Woodland
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