The current monograph is a collection of essays on the productivity-trade nexus. In a world, where many trade impediments have been removed a countrys ability to succeed in international markets is associated with its ability to improve cost competitiveness. A main objective of the book is to check the empirical validity of the neoclassical theories of trade and specialization. Why countries produce what they produce? Ioannis attempts to provide an assessment to these questions paying special attention to nation-wide factor endowments and productivity performance. Throughout the...