The collection of essays in this volume provides fairly comprehensive analyses of contemporary theoretical and policy issues in international trade. As technological revolution eliminates communications costs and the countries gear towards more open trade regimes through negotiations at the WTO,...

Something new for something old : reflections on a model with three factors and two goods / Stephen T. Easton -- On commodity prices and factor rewards : a close look at sign patterns / Tapan Mitra -- National security and international trade : a simple general equilibrium model / Ronald...

The paper surveys the international trade literature on intraindustrial and interindustrial production externalities. It places particular emphasis upon the literature on variable returns to scale (VRS) developed along the Kemp line that the externalities are output-generated, and the economies...