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First published in 1982. Foreign control of capital is a major problem for many developing countries and can lead to the exercise of a form of colonial control whereby capital is provided for political rather than economic reasons. This book discusses the implications of this phenomenon for trade theory and the amount of pressure that foreign countries can exert. The opening chapter examines the themes of de-industrialisation, of stagnation after an initial spurt in economic activity, and the premise that inflows of capital do not necessarily generate growth and expansion. These initial...

First published in 1978. This book provides a simple, systematic, yet rigorous treatment of the key aspects of the pure theory of international trade and distortions. The opening chapter presents the standard two-factor, two-commodity barter model of international trade and a comprehensive treatment of the important properties and relationships. The rest of the book consists of four sections: parts One and Two are devoted to an analysis of factor market imperfections, and Parts Three and Four consider the trade-theoretical consequences of product market imperfections. A concluding chapter...

The economic principles that underpin international trade, and the many associated issues and controversies that this evergreen topic generates, are dizzying in their complexity. Now, to help advanced students and researchers make sense of an enormous and growing corpus of scholarship, Routledge announces "International Trade," a new addition to its acclaimed Critical Concepts in Economics series. Edited by Bharat Hazari and Yin Wong Cheung, this four-volume set is a mini library that brings together the foundational and the very best cutting-edge research.

Furnished with a...