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082 _a337 KJE
100 _aKjeldsen-Kragh, Soren.
245 0 _aInternational economics
260 _aNew Delhi
260 _bAne books
260 _c2003
300 _a413 p.
365 _b 495.00
365 _dRS
520 _aThis 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.
650 _aInternational economics
942 _cB
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