Books  Sustainable Development  Agriculture & Food 

International Trade and Agriculture: Theories and Practices

By: Won W Koo and P Lynn Kennedy

Wiley-Blackwell

Hardback | Dec 2004 | #147830 | ISBN: 1405108002
Availability: Usually dispatched within 5 days Details
NHBS Price: £55.00 $70/€66 approx

About this book

In an increasingly globalized world, an understanding of the role of international trade is central to the study of agricultural economics and agribusiness. This text interweaves these two elements, explaining the theories and practices relevant to agricultural trade. Using real-life examples to explain theories and models, the text prepares readers to critically examine agricultural trade issues. In addition to its comprehensive coverage, each chapter features chapter overviews and summaries, key concepts, questions for review, and suggested readings. It explains the theories and practices relevant to agricultural trade and uses real-life agricultural examples to convey theories and models. It also offers an international perspective on an increasingly globalized market.

Contents
Preface and Acknowledgments
1 Introduction
Part I: Pure Theory of International Trade
2 Classical Theory of Comparative Advantage
3 Comparative Advantage with Two Factors of Production
4 Comparative Advantage and Factor Endowments: The Heckscher-Ohlin Theorem
5 Imperfect Competition and Economies of Scale in Trade
Part II: Protection of Domestic Industry and International Treaties.
6 The Partial Equilibrium Analysis of International Trade
7 Trade Restrictions: Tariffs
8 Nontariff Trade Barriers
9 Domestic Support Policies and Trade
10 Multilateral Trade Negotiations and US Trade Policy
11 Economic Integration
Part III: Foreign Exchange Markets
12 Foreign Exchange Markets and the Exchange Rate
13 Agricultural Trade and the Exchange Rate
Part IV: Direct Foreign Investment, Economic Growth, and the Environment.
14 International Capital Movements and Multinational Corporations
15 Agricultural Trade and Economic Development
16 Trade and the Environment
References
Index

In an increasingly globalized world, an understanding of the role of international trade is central to the study of agricultural economics and agribusiness. This book interweaves these two elements, explaining the theories and practices relevant to agricultural trade. Using real-life examples to explain theories and models, the text prepares readers to critically examine agricultural trade issues. In addition to its comprehensive coverage, each chapter features overviews and summaries, key concepts, questions for review, and suggested readings. Management of Environmental Quality, Vol 16 No 5


Contents

Preface and Acknowledgments 1 Introduction Part I: Pure Theory of International Trade 2 Classical Theory of Comparative Advantage 3 Comparative Advantage with Two Factors of Production 4 Comparative Advantage and Factor Endowments: The Heckscher - Ohlin Theorem 5 Imperfect Competition and Economies of Scale in Trade Part II: Protection of Domestic Industry and International Treaties 6 The Partial Equilibrium Analysis of International Trade 7 Trade Restrictions: Tariffs 8 Nontariff Trade Barriers 9 Domestic Support Policies and Trade 10 Multilateral Trade Negotiations and US Trade Policy 11 Economic Integration Part III: Foreign Exchange Markets 12 Foreign Exchange Markets and the Exchange Rate 13 Agricultural Trade and the Exchange Rate Part IV: Direct Foreign Investment, Economic Growth, and the Environment 14 International Capital Movements and Multinational Corporations 15 Agricultural Trade and Economic Development 16 Trade and the Environment References Index

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Biography

Won W. Koo is Professor of Agricultural Economics and the Director of the Center for Agricultural Policy and Trade Studies at North Dakota State University. Dr. Koo has co-edited three volumes, including Agricultural Trade Under CUSTA (2002), and Agricultural Trade Policies in the New Millennium (2002). He has received an outstanding research award (Quality in Research Discovery) from the American Agricultural Economics Association and an Outstanding Published Research award from the Western Agricultural Economics Association. Lynn Kennedy is the William H. Alexander Endowed Professor of Agricultural Economics and Agribusiness at Louisiana State University. Dr. Kennedy has co-edited three volumes, including Competition in Agriculture: The United States in the World Market (2000), and Agricultural Trade Policies in the New Millennium (2002).

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