International Trade And Agriculture

• Explains the theories and practices relevant to agricultural trade.
  
• Uses real-life agricultural examples to convey theories and models.
  
• Offers an international perspective on an increasingly globalized market.
  
• Features extensive pedagogical material, including chapter overviews and summaries, key concepts, review questions, and suggested readings.

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).

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