International economics
Material type:
- 8180520196
- 337 KJE
Item type | Current library | Call number | Status | Date due | Barcode | Item holds |
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Gandhi Smriti Library | 337 KJE (Browse shelf(Opens below)) | Available | 87932 |
This book gives a comprehensive presentation of economic theories of international trade and investment. Classical theories that can be dated back to the beginning of modern economic science were influenced by ideas of perfect competition. More recent theories emphasize the impor tance of market imperfections, product differentiation, economies of scale, business specialization, technology differentiation and technologi cal progress. These theories also include the impact of economic growth and capital movements. It is shown how simultaneous states of free trade and capital movements may lead to greater economic inequalities, con trary to what was expected.
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