LEADER 03873nam 2200721 a 450 001 9910781652003321 005 20230725051147.0 010 $a0-674-26441-X 010 $a0-674-06101-2 024 7 $a10.4159/harvard.9780674061019 035 $a(CKB)2550000000048080 035 $a(OCoLC)754820009 035 $a(CaPaEBR)ebrary10496851 035 $a(SSID)ssj0000542217 035 $a(PQKBManifestationID)11356833 035 $a(PQKBTitleCode)TC0000542217 035 $a(PQKBWorkID)10510149 035 $a(PQKB)10688506 035 $a(MiAaPQ)EBC3300975 035 $a(DE-B1597)178233 035 $a(OCoLC)1002222218 035 $a(OCoLC)1004871743 035 $a(OCoLC)1011438387 035 $a(OCoLC)979575711 035 $a(OCoLC)984650784 035 $a(OCoLC)987927118 035 $a(OCoLC)992454160 035 $a(OCoLC)999354514 035 $a(DE-B1597)9780674061019 035 $a(Au-PeEL)EBL3300975 035 $a(CaPaEBR)ebr10496851 035 $a(OCoLC)923116812 035 $a(EXLCZ)992550000000048080 100 $a20101202d2011 uy 0 101 0 $aeng 135 $aurcn#---||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aUnderstanding global trade$b[electronic resource] /$fElhanan Helpman 210 $aCambridge, Mass. $cBelknap Press of Harvard University Press$d2011 215 $a1 online resource 300 $aBibliographic Level Mode of Issuance: Monograph 311 0 $a0-674-06078-4 320 $aIncludes bibliographical references (p. [193]-211) and index. 327 $aIntroduction -- Comparative advantage -- Gainers and losers -- Scale and scope -- Across firms within industries -- Offshoring and outsourcing -- Epilogue. 330 $aGlobal trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows. It reviews the evolution of knowledge in this field from Adam Smith to today as a process of theoretical modeling, accumulation of new empirical data, and then revision of analytical frameworks in response to evidence and changing circumstances. It explains the sources of comparative advantage and how they lead countries to specialize in making products which they then sell to other countries. While foreign trade contributes to the overall welfare of a nation, it also creates winners and losers, and Helpman describes mechanisms through which trade affects a country's income distribution. The book provides a clear and original account of the revolutions in trade theory of the 1980's and the most recent decade. It shows how scholars shifted the analysis of trade flows from the sectoral level to the business-firm level, to elucidate the growing roles of multinational corporations, offshoring, and outsourcing in the international division of labor. Helpman's explanation of the latest research findings is essential for an understanding of world affairs. 606 $aInternational trade 606 $aInvestments, Foreign 606 $aGlobalization 615 0$aInternational trade. 615 0$aInvestments, Foreign. 615 0$aGlobalization. 676 $a382 686 $aQM 200$2rvk 700 $aHelpman$b Elhanan$0128673 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910781652003321 996 $aUnderstanding global trade$949197 997 $aUNINA