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International Trade Theory, Annotated Bibliography Example
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Dixit A, Norman V. (1980). Theory of International Trade. Cambridge, U.K.: The Cambridge University Press.
This article discusses the international trade theory as it relates to both quantitative and qualitative data. It discusses that the standard theory helps researchers gain a greater understanding of comparative advantages, and compares and contrasts additional trade theories that are useful to the overall understanding of this concept.
Ethier W. (1982). National and International Returns to Scale in the Modern Theory of International Trade. The American Economic Review, 72(3).
This article highlights the modern theory of international trade. It highlights how international trade has grown among industrialized nations. Ultimately, countries that are developed have more purchasing power and therefore overall control of the market. Therefore, these countries are able to be more competitive than their developed counterparts.
Grubel HG, Lloyd PJ. (1975). Intra-Industry Trade: The Theory and Measurement of International Trade in Differentiated Products. The Economic Journal, DOI: 10.2307/2230917
This article discusses the success that international businesses have on the basis of the products they offer. Companies that offer differentiated products are more likely to succeed. Therefore, it is important for companies that wish to be internationally competitive to offer a range of products to their customers.
Jones RW, Neary PJ. (1982). Positive theory of international trade. Ireland: University College Dublin.
This paper deals primarily with the positive impacts of international trade. Ultimately, international trade allows businesses to reach out to a broader market, which allows them to do better business.
Helpman E. (1984). A Simple Theory of International Trade with Multinational Corporations. Journal of Political Economy, 92(3).
This article demonstrates competitive edge that multinational corporations have. Many corporations have factories and offices in a variety of locations in order to ensure that their products meet a wider audience.
Learner EE. (1995). Chapter 26 International trade theory: The evidence. Handbook of International Economics, 3: 1339-1394.
This article addresses the Ricardian and the Ricardo–Viner models of international trade theory. This model focuses on the influence of labor on the laws that facilitate trade. It is important to consider that labor is a major expense in many industries.
Meier GM. (1964). International trade and development. Retrieved from http://oep.oxfordjournals.org/content/10/3/277.full.pdf
This text discusses the pure theory and monetary theory of international trade. The article also argues that these principles can be utilized to gain a greater understanding of trade theory in developing nations with regards to trade practices across the world. It also demonstrates how classic trade theory is related to traditional trade theory.
Vernon R. (1996). International Investment and International Trade in the Product Cycle. The Quarterly Journal of Economics, 80(2).
This article deals with the relationship between international trade and product development. In the modern world, manufacturers in different countries are responsible for manufacturing different parts of a product. Ultimately, this leads to items being available for lower costs due to the lower cost for manufacturing.
Wakelin K. (1997). Trade and Innovation: Theory and evidence. Department of Economics. Retrieved from http://hdl.handle.net/1814/26257
This article focuses on the value of technology to international trade. Ultimately, the companies that have enhanced technology capabilities are able to compete more significantly. This is highly connected to the ability of companies to communicate more efficiently with partners across the world, which enhances profitability as well as efficiency of practice.
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