Titlebook: Studies in the Pure Theory of International Trade; Raveendra N. Batra Book 1973 Raveendra N. Batra 1973 business.international business.in

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The Theory of Effective Protection, its natural monopoly power in trade, is to encourage the domestic production of the import-competing industries whose survival is threatened by foreign competition. Until recently, the protective effects of a tariff on the imports of a final good were taken for granted. It was generally believed th

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Factor Market Imperfections, in general — has been carried out under this ‘mythical’ assumption. Perhaps the best case that can be made for a perfect market is that it provides an ‘ideal’ yardstick to evaluate the efficiency of existing systems which generally fail to satisfy the stringent requirements of competitive condition

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Product Market Imperfections: The Theory of Monopoly in General Equilibrium,r was that the existence of distortions in factor markets could cause reversals in nearly all the results derived from the standard undistorted model. Throughout our analysis there, product markets were still assumed to be perfect. In this chapter we turn to the other side of the exercise and assume

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Non-Traded Goods,ical barriers preventing, for example, the export of certain strategic military equipment, or because of artificial trade barriers like prohibitive tariffs. In all the preceding chapters we ignored the presence of such products, much at the expense of economic reality. The objective of this chapter

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International Trade in a Dynamic Economy,wing economy, questions that were first raised in a seminal contribution by Oniki and Uzawa [5]. Although some insights as to what happens in the economy under conditions of growing factor supplies and technology were gained in Chapter 6, the nature of our analysis there was essentially comparative