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The Aims and the Tools

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International Trade and Payments
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Abstract

The pure theory of international trade is concerned with the basic problems of the exchange of goods in external trade. This is trade at the barter level, excluding the use of money and the problems which it raises. It excludes, too, international capital movements or changes in income. It is simply a study of the forces which move barter exchange between countries.

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Notes

  1. J. Tinbergen, International Economic Integration ( Amsterdam: Elsevier Publishing Co., 1965 ), p. 157.

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  2. For an example of this approach, see Murray C. Kemp, The Pure Theory of International Trade ( Englewood Cliffs, N.J.: Prentice-Hall, 1964 ).

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  3. For a useful survey of international trade elementary geometry, see I. Walter, International Economics ( New York: Ronald Press, 1968 ), Chapter 2.

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  4. J. Viner, Studies in the Theory of International Trade (New York: Harper amp; Bros, 1937; Kelley’s Reprint Edition, 1965), p. 437. This book is an invaluable source of information on the history of international trade theory.

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© 1974 W. M. Scammell

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Scammell, W.M. (1974). The Aims and the Tools. In: International Trade and Payments. Palgrave, London. https://doi.org/10.1007/978-1-349-01555-9_2

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