trade theory

Definition

Economics

• The body of economic thought that seeks to explain why and how countries engage in international trade and the welfare implication of that trade, encompassing especially the Ricardian Model, theHeckscher-Ohlin Model, and the New Trade Theory.

Nearby Definitions of “trade theory”

• trade-related investment measure
• Trade Restrictiveness Index
• trade round
• trade secrets
• trade sector
• trade theory
• trade union
• trademark
• trading
• trading bloc
• trading partner

Contexts for “trade theory”

1 definition in context
• Economics