This book consists of two parts. Part I examines the historical progression of international trade theory, and Part II addresses the modern theory and recent developments of international trade. In this way the book offers a comprehensive evaluation of the non-monetary problems of international economics.
Taking advantage of the publication of this new edition, the author includes two new chapters, "Adam Smith and Disequilibrium Economic Theory" and "Complete Specialization in Classical Economics," which readers willprofit from reading after they have studied the basic theories of international trade in the main part of the book.
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