Trade is a cornerstone concept in economics worldwide. This updated second edition of the essential graduate textbook in international trade brings readers to the forefront of knowledge in the field and prepares students to undertake their own research. In Advanced International Trade, Robert Feenstra integrates the most current theoretical approaches with empirical evidence, and these materials are supplemented in each chapter by theoretical and empirical exercises. Feenstra explores a wealth of material, such as the Ricardian and Heckscher-Ohlin models, extensions to many goods and factors, and the role of tariffs, quotas, and other trade policies. He examines imperfect competition, offshoring, political economy, multinationals, endogenous growth, the gravity equation, and the organization of the firm in international trade. Feenstra also includes a new chapter on monopolistic competition with heterogeneous firms, with many applications of that model. In addition to known results, the book looks at some particularly important unpublished results by various authors. Two appendices draw on index numbers and discrete choice models to describe methods applicable to research problems in international trade. Completely revised with the latest developments and brand-new materials, Advanced International Trade is a classic textbook that will be used widely by students and practitioners of economics for a long time to come. Updated second edition of the essential graduate textbook Current approaches and a new chapter on monopolistic competition with heterogeneous firms Supplementary materials in each chapter Theoretical and empirical exercises Two appendices describe methods for international trade research

Advanced Interational Trade Is The First Major Graduate Textbook In International Trade In A Generation. Trade Is A Corner- Stone Concept In Economics, Taught In All Departments Both In The United States And Abroad. The Past Twenty Years Have Seen A Number Of New Theoretical Approaches That Are Essential To Any Graduate International Trade Course, And Will Be Of Interest In Development Economics And Other Fields. Here, Robert Feenstra Steps Beyond Theory To Consider Empirical Evidence As Well. He Covers All The Basic Material Including The Ricardian And Hecksher - Ohlin Models, Extension To Many Goods And Factors, And The Role Of Tariffs, Quotas, And Other Trade Policies; Recent Material Including Imperfect Competition, Outsourcing, Political Economy, Multinationals, And Endogenous Growth; And New Material Including The Gravity Equation And The Organization Of The Firm In International Trade.Throughout The Book, Special Emphasis Is Placed On Integrating The Theoretical Models With Empirical Evidence, And This Is Supplemented By Theoretical And Empirical Exercise That Appears With Each Chapter. Advanced International Trade Is Intended To Bring Readers To The Forefront Of Knowledge In International Trade And Prepare Them To Undertake Their Own Research. Both Graduate Students And Faculty Will Find A Wealth Of Topics That Have Previously Been Covered Only In Journal Articles, And Are Dealt With Here In A Common And Simple Notation. In Addition To Know Results, The Book Includes Some Particularly Important Unpublished Results By Various Authors. Two Appendixes Describe Empirical Methods Applicable To Research Problems In International Trade, Methods That Draw On (I) Index Numbers And (Ii) Discrete Choice Models. Thoroughly Up-To-Date And Marked By Clear, Straightforward Prose, This Book Will Be Used Widely And Enthusiastically.This Special Low-Priced Edition Is For Sale In India, Bangladesh, Bhutan, Maldives, Nepal, Myanmar, Pakistan And Sri Lanka Only.

Trade is a cornerstone concept in economics worldwide. This updated second edition of the essential graduate textbook in international trade brings readers to the forefront of knowledge in the field and prepares students to undertake their own research. In Advanced International Trade, Robert Feenstra integrates the most current theoretical approaches with empirical evidence, and these materials are supplemented in each chapter by theoretical and empirical exercises. Feenstra explores a wealth of material, such as the Ricardian and Heckscher-Ohlin models, extensions to many goods and factors, and the role of tariffs, quotas, and other trade policies. He examines imperfect competition, offshoring, political economy, multinationals, endogenous growth, the gravity equation, and the organization of the firm in international trade. Feenstra also includes a new chapter on monopolistic competition with heterogeneous firms, with many applications of that model. In addition to known results, the book looks at some particularly important unpublished results by various authors. Two appendices draw on index numbers and discrete choice models to describe methods applicable to research problems in international trade. Completely revised with the latest developments and brand-new materials, Advanced International Trade is a classic textbook that will be used widely by students and practitioners of economics for a long time to come. Updated second edition of the essential graduate textbook Current approaches and a new chapter on monopolistic competition with heterogeneous firms Supplementary materials in each chapter Theoretical and empirical exercises Two appendices describe methods for international trade research

Written by two leading scholars with 60 years of collective experience in the area, this insightful updated second edition provides a clear and concise introduction to the fundamental components of international trade law, presenting the basic structure and principles of this complex area of law, alongside elucidation of specific GATT and WTO legal rules and institutions. Key updates include references to the most recent cases, decisions and treaty negotiation developments, analysis of populist critiques of international trade law and analysis of new areas including digital trade and security exceptions.

Advanced International Trade is the first major graduate textbook in international trade in a generation. Trade is a cornerstone concept in economics, taught in all departments both in the United States and abroad. The past twenty years have seen a number.

"In all countries, there are laws and regulations affecting private economic activity. They are necessary to enable private economic activity to thrive, as well as to provide for honesty in information), consumer protection, and much more. Laws and regulations, such as safety standards, quality grades, and health and food (phytosanitary) standards generally apply to much economic activity within a country. In very primitive societies when farming or hunting was almost all economic activity, such measures were much less necessary. But as exchanges and trading increased, the need to find ways to support transactions became essential in order to enable parties to agree on even such things as simple weights and measures. Until there was a commercial code (legal framework), most businesses were owned primarily by family members who could trust each other. The commercial codes covered such phenomena as penalties against breach of contract, standards and assurances as to the quality and ingredients of goods being contracted, and penalties for their infringement, and so on. Note that even a rudimentary contract would likely have needed an understanding as to weights and measures, definition of materials, and much more"--

"This book is a brilliant exploration of the implications of recent theories of international trade for one of the most important questions in the field: how large are the gains from trade? Feenstra takes the models apart to shed light on the basic mechanisms at play and then masterfully uses the data to understand their quantitative significance."--AndrTs Rodriquez-Clare, Professor of Economics, Pennsylvania State University -- Book Jacket.