International Trade Theory and Policy: A Comprehensive Guide to Trade, Globalization, and the Political Economy of Commercial Policy

A comprehensive overview of international trade theory and policy, covering both traditional and contemporary approaches. Explores the historical evolution of trade theory, from mercantilism to the modern era. Analyzes the major theories of international trade, including the Ricardian model, the Heckscher-Ohlin model, and the new trade theory. Examines the empirical evidence on the effects of trade on economic growth, inequality, and the environment. Discusses the role of trade policy in promoting economic development and addressing global challenges. Provides case studies and examples to illustrate the application of trade theory and policy in the real world. Suitable for undergraduate and graduate students in economics, business, and international relations. Written by a team of leading experts in the field of international trade.