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Equilibrium in International Trade: A Diagrammatic Analysis

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  • Robert E. Baldwin

Abstract

I. The problem, 748. — II. One country acts as a monopolist and sets a price which the other accepts, 749. — III. The same, continued, 752. — IV. One country acts as a discriminating monopolist, making an all-or-none offer which the other accepts, 756. — V. The case of pure competition, 759. — VI. Comparison of the three cases, 761.

Suggested Citation

  • Robert E. Baldwin, 1948. "Equilibrium in International Trade: A Diagrammatic Analysis," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 62(5), pages 748-762.
  • Handle: RePEc:oup:qjecon:v:62:y:1948:i:5:p:748-762.
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    Citations

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    Cited by:

    1. Hu, Ye & Wang, Xin, 2010. "Country-of-Origin Premiums for Retailers in International Trades: Evidence from eBay's International Markets," Journal of Retailing, Elsevier, vol. 86(2), pages 200-207.
    2. Marianne Saam, 2005. "Openness To Trade as a Determinant of the Elasticity of Substitution between Capital and Labor," DEGIT Conference Papers c010_013, DEGIT, Dynamics, Economic Growth, and International Trade.
    3. Arnaud Costinot & Andrés Rodríguez‐Clare & Iván Werning, 2020. "Micro to Macro: Optimal Trade Policy With Firm Heterogeneity," Econometrica, Econometric Society, vol. 88(6), pages 2739-2776, November.
    4. Baldwin, Robert E, 1992. "Are Economists' Traditional Trade Policy Views Still Valid?," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 804-829, June.
    5. Helpman, Elhanan & Razin, Assaf, 1979. "A Theory of International Trade Under Uncertainty," Elsevier Monographs, Elsevier, edition 1, number 9780123396501 edited by Shell, Karl.
    6. E. Bacchiega, 2011. "Comparative Advantage Under Monopoly: A Note On the Role of Market Power," Working Papers wp724, Dipartimento Scienze Economiche, Universita' di Bologna.
    7. Tran-Nam, Binh, 2016. "A critical review of the normative theory of international trade," International Journal of Development and Conflict, Gokhale Institute of Politics and Economics, vol. 6(1), pages 25-46.
    8. Neil De Marchi, 2003. "Visualizing the gains from trade, mid-1870s to 1962," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 10(4), pages 551-572.
    9. Ruth Arad & Seev Hirsch, 1981. "Determination of trade flows and choice of trade partners: Reconciling the Heckscher-Ohlin and the Burenstam Linder models of international trade," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 117(2), pages 276-297, June.
    10. Saam, Marianne, 2008. "Openness to trade as a determinant of the macroeconomic elasticity of substitution," Journal of Macroeconomics, Elsevier, vol. 30(2), pages 691-702, June.
    11. Wilfred J. Ethier & Arye L. Hillman, 2017. "The Politics of International Trade," CESifo Working Paper Series 6456, CESifo.

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