A General Theory of Trade and Competition

Download or read book A General Theory of Trade and Competition written by Shanker Singham and published by Cameron May. This book was released on 2007 with total page 551 pages. Available in PDF, EPUB and Kindle. Book excerpt: General Theory of Trade... is the first academic or practitioner text book to establish a general theory of trade and competition and attempts to bring these two disciplines back together. Shanker Singham demonstrates that there is indeed a powerful interface between these two areas and that by understanding this interface practitioners, be they in governments, companies or law and economics firms can succeed in trade negotiations as well as build up support for free trade principles in a time when they are being increasingly challenged. By noting that consumer welfare is enhanced where trade liberalization is accompanied by competitive markets and property rights protection, the author articulates an overall vision in which future policymakers can frame a different kind of trade debate.