Iammarino, Simona (1991) La teoria pura del commercio internazionale sotto condizioni di incertezza: i modelli principali. Rivista di politica economica, July-A (7-8). pp. 51-77. ISSN 0391-6170
This paper analyses the main contributions dealing with the integration of uncertainty in the pure theory of international trade. We examine the question of whether theorems which play a very important role in the certainty models, in particular the central propositions of the Ricardian and the Heckscher-Ohlin models, fails to hold in the presence of randomness. The aim of the article is to show that the attempts to demonstrate the harmfulness of free trade under some kinds of uncertainty, although interesting progress have been made, have not come yet to unanimous conclusions susceptible of a general interpretation.
|Additional Information:||© 1991 Direzione della Rivista di politica econmica|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Sets:||Departments > Geography and Environment
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