Art works in international trade theory |
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Authors: | Ronald W. Jones |
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Affiliation: | aUniversity of Rochester, United States |
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Abstract: | Competitive International Trade Theory has frequently been criticized for its intensive use of diagrams (as opposed to more formal mathematics, such as calculus and algebra), prompted by its typical use of small dimensional models. This paper selects ten diagrams useful in capturing the essence of important trade theory and illustrating their usefulness even in higher-dimensional cases. |
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Keywords: | Diagrams Intensive and extensive margins Class of assignments |
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