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The Theory of International Trade: An Alternative Approach

Horvat, Branko

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ISBN 10: 0312220030 / ISBN 13: 9780312220037
Published by Palgrave Macmillan, 1999
Used Condition: Good
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Former Library book. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP70463231

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Bibliographic Details

Title: The Theory of International Trade: An ...

Publisher: Palgrave Macmillan

Publication Date: 1999

Book Condition:Good

About this title


This book seeks to develop an alternative paradigm of the theory of international trade. The mainstream neoclassical theory, which is based on the Kecksher-Ohlin-Samuelson theorem, is shown to be both logically contradictory and to fail in explaining the real world. This theoretical and empirical refutation justifies the search for a new approach. Branko Horvat's approach is based on applying and developing the theory of value to develop an approach which starts by analyzing the economic system rather than with the behavior of individual agents.

About the Author:

Branko Horvat is Director of The Institute for Advanced Studies in Zagreb, Croatia.

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