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A theory of international trade

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  • 192 páginas
  • 7 horas de lectura

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Over more than two centuries, economic theory has developed a diverse range of concepts and insights. My recent work illustrates how various economic theories, including Marxian, Keynesian, general equilibrium, and neoclassical growth theories, can be analyzed within a unified theoretical framework. It aims to synthesize these disparate branches into a cohesive system of knowledge. This book is part of my broader economic theory, which incorporates endogenous factors such as population, capital, knowledge, preferences, the sexual division of labor, consumption, institutions, economic structures, and exchange values across time and space. As an extension focused on the dynamics of national economies, this work seeks to construct a comprehensive theory of international trade. It explores the dynamic relationships between international division of labor, consumption patterns, and price structures in the global economy. We investigate the interdependence of capital accumulation, knowledge creation, economic growth, price structures, and international trade patterns under conditions of free competition. Our theory is built upon a few key concepts within a compact framework, aiming to provide a clearer understanding of these complex interactions.

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A theory of international trade, Bin Zhang

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2000
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