A theory of international trade under uncertainty

Helpman, Elhanan and Razin, Assaf (1978): A theory of international trade under uncertainty. Published in: Book (February 1977)

Abstract

Book delves with the puzzle that assets play important role in the theory of international finance but hardly any any role in the theory of international trade. Where this dichotomy comes from? Main feature is that trade in assets may interact in an important ways with trade in goods and services. The book develops a theory that clarified these interactions. It should also help in the understanding of the effects of capital-market policies on trade in goods and assets.

• Item Type: MPRA Paper
• Language: English
• Keywords: incomplete markets; risk sharing; incomplete specialization
• Subjects: F - International Economics > F0 - General > F00 - General; F - International Economics > F0 - General; F - International Economics > F3 - International Finance > F30 - General

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