Understanding Global Trade

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Release : 2011-04-25
Genre : Business & Economics
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Book Rating : 784/5 ( reviews)

Understanding Global Trade - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Understanding Global Trade write by Elhanan Helpman. This book was released on 2011-04-25. Understanding Global Trade available in PDF, EPUB and Kindle. Global trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows. It reviews the evolution of knowledge in this field from Adam Smith to today as a process of theoretical modeling, accumulation of new empirical data, and then revision of analytical frameworks in response to evidence and changing circumstances. It explains the sources of comparative advantage and how they lead countries to specialize in making products which they then sell to other countries. While foreign trade contributes to the overall welfare of a nation, it also creates winners and losers, and Helpman describes mechanisms through which trade affects a country's income distribution. The book provides a clear and original account of the revolutions in trade theory of the 1980s and the most recent decade. It shows how scholars shifted the analysis of trade flows from the sectoral level to the business-firm level, to elucidate the growing roles of multinational corporations, offshoring, and outsourcing in the international division of labor. Helpman’s explanation of the latest research findings is essential for an understanding of world affairs.

Globalization and Inequality

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Release : 2018-08-06
Genre : Business & Economics
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Book Rating : 930/5 ( reviews)

Globalization and Inequality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Globalization and Inequality write by Elhanan Helpman. This book was released on 2018-08-06. Globalization and Inequality available in PDF, EPUB and Kindle. One of the world’s leading experts on international trade explains that we must look beyond globalization to explain rising inequality. Globalization is not the primary cause of rising inequality. This may come as a surprise. Inequality within nations has risen steadily in recent decades, at a time when countries around the world have eased restrictions on the movement of goods, capital, and labor. Many assume a causal relationship, which has motivated opposition to policies that promote freer trade. Elhanan Helpman shows, however, in this timely study that this assumption about the effects of globalization is more myth than fact. Globalization and Inequality guides us through two decades of research about the connections among international trade, offshoring, and changes in income, and shows that the overwhelming conclusion of contemporary research is that globalization is responsible for only a small rise in inequality. The chief causes remain difficult to pin down, though technological developments favoring highly skilled workers and changes in corporate and public policies are leading suspects. As Helpman makes clear, this does not mean that globalization creates no problems. Critics may be right to raise concerns about such matters as cultural autonomy, child labor, and domestic sovereignty. But if we wish to curb inequality while protecting what is best about an interconnected world, we must start with a clear view of what globalization does and does not do and look elsewhere to understand our troubling and growing divide.

Global Trade Policy

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Release : 2013-07-09
Genre : Political Science
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Book Rating : 701/5 ( reviews)

Global Trade Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Trade Policy write by Pamela J. Smith. This book was released on 2013-07-09. Global Trade Policy available in PDF, EPUB and Kindle. Using a unique, question-based format, Global Trade Policy offers accessible coverage of the key questions in trade and policy; it charts the changing policy landscape and evolving institutional arrangements for trade policies, examines trade theory, and provides students with an economic framework to better understand the current issues in national and international trade policy. Uses a unique, question-based format to explore the questions and current debates in international trade policy and their implications Explores trade theory to help guide discussions of trade policy, including traditional theories of inter-industry trade, as well as newer theories of intra-industry and intra-firm trade Examines the national and international effects of widely used policies designed to directly and indirectly affect trade, and considers the evolving institutional arrangements for these Charts the changing policy landscape from traditional trade policies – such as tariffs, quantitative restrictions, and export subsidies – to those including intellectual property rights, labor, the environment, and growth and development policies Covers national as well as global perspectives and their interaction, helping to explain opposing views on trade policy and liberalization Includes applied exercises enabling students to explore open-ended and realistic questions of policy debate, making it ideal for classroom use; an instructor’s manual and a range of other resources are available at www.wiley.com/go/globaltradepolicy

Global Trade and Conflicting National Interests

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Release : 2022-06-07
Genre : Business & Economics
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Book Rating : 802/5 ( reviews)

Global Trade and Conflicting National Interests - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Trade and Conflicting National Interests write by Ralph E. Gomory. This book was released on 2022-06-07. Global Trade and Conflicting National Interests available in PDF, EPUB and Kindle. Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the classical theories originated. Gomory and Baumol show that the new and significant conflicts resulting from international trade are inherent in modern economies.Today improvement in one country's productive capabilities is often attainable only at the expense of another country's general welfare. The authors describe why and when this is so and why, in a modern free-trade environment, a country might have a vital stake in the competitive strength of its industries.

Introduction to Business

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Release : 2018
Genre : Business
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Book Rating : 555/5 ( reviews)

Introduction to Business - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction to Business write by Lawrence J. Gitman. This book was released on 2018. Introduction to Business available in PDF, EPUB and Kindle. Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.