PREFACE

THE studies collected in this volume embody the results of research conducted during the past four years into various theoretical problems in international economics. They fall naturally into three groups—comparative cost theory, trade and growth, and balance of payments theory—although these groups are not mutually exclusive, the first and third interacting and extending in the second. In addition, they are linked by a common purpose—the consolidation of the work of previous theorists and its extension to new problems—and by a common method—the application of mathematically-based logical analysis to theoretical problems thrown up by discussion of current topics among economists, generally those relating to economic policy. The motivation, ...

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