International Economics I.
Most economic activity involves cross-border transactions at some point in the supply chain. The volumes reprinted here offer a wide range of perspectives on one of the most important areas of economics.
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Strategy and Trade
Basic Concepts of Game Theory
Tariffs and Foreign Competition
International Common Property
List of Symbols Used
Some Unorthodox Results in MinimumWage
Commercial Policies in MinimumWage Economies 37
Early Macro Disequilibrium Theories 48
Quantity Constraint Models of a Closed Economy 54
actions agents allocation amount analysis applies assets assumed assumption capital cartel Chapter choice commodity competition complete condition considered constraint consumer consumption cost country's currency curve decisions demand denote depends determined discussed domestic dynamic economy effect employment equal equilibrium example excess demand existence export extraction factor Figure firm fixed foreign free trade function gains given implies import income increase individual industry interest International Economics international trade investor Journal Kemp labor labor market marginal maximize minimum-wage move Nash equilibrium nature non-traded Note notional outcome output Pareto optimal period playing positive possible preference present problem production profit Proposition quantity quota reduces relative price represent resource respect restrictions result risk satisfied sector securities share shows strategies supply Suppose tariff Theorem theory transfers uncertainty units utility wage welfare