Trade Theory in International Economics
Journal Title: International Journal of Tax Economics and Management - Year 2019, Vol 2, Issue 4
Abstract
You will get an overview about the nature of trade theory. Many terms related international trade here will be discussed. Overview of Mercantilism we will discuss here. Theory of absolute advantage will be deeply discussed here. Comparative Advantage related the advantage term here I will describe. In this article the ideas of Heckscher-Olin Theory, new Trade Theory and the theory of Porter’s Diamond will be discussed. By this article, we will be able to clearly understand international trade. WE will be able to compare and contrast different trade theories.
Authors and Affiliations
Krzysztof Król
Keywords
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- EP ID EP620333
- DOI 10.35935/tax/24.4233
- Views 68
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