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"The book ... explores the analytical borders of the standard trade model and shows how various modifications, motivated by a developing country (DC) perspective, can indeed reconcile the theory with the presumed facts. ... I find the book by Marjit and Acharyya to be a very helpful contribution to the literature ... . Apart from its obvious usefulness as a text for advanced courses on trade theory ... the book may also serve as a useful source of inspiration for researchers ... ." (Erich Gundlach, Review of World Economics, Vol. 140 (2), 2004)