Trade and Economic Structure

Reviews / Votes

This is a scrupulously comprehensive critical survey of the theories of international trade and its relation to internal economic structure... To specialists and would-be specialists in the field of international trade theory it will immediately become indispensable. * The Economist * With the...publication of this work...Professor Caves leaps into the rank of first-class economists in the field of international trade... The main theme throughout the analytical account of the literature on the roles of factors of production, conditions of production, and demand in the determination of the structure of trade is the clash between the neoclassical theory and the Heckscher-Ohlin approach... The virtues of the book are manifold. Professor Caves writes well and not without humor. His analytical powers are keen, and his facility for summarization impressive. The coverage is enormous, as shown by the twenty-page Bibliography. The book is superbly indexed. * Annals of the American Academy of Political and Social Sciences * In Trade and Economic Structure economists again have available an imaginative, painstaking, and exhaustive survey of the pure theory of international trade. The book is, without reservation, a reference work of the first magnitude. * American Economic Review *