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Hardcover | Out of Print | 614 pp. | 6.9 x 10 in | September 1998 | ISBN: 9780262024433
Paperback | $60.00 X | £49.95 | 614 pp. | 6.9 x 10 in | September 1998 | ISBN: 9780262522472
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Lectures on International Trade, Second Edition


The greatest strength of this thoroughly revised and expanded edition of Lectures on International Trade is its rigorous algebraic and geometric treatment of the various models and results of trade theory. The authors, who now include Arvind Panagariya, offer both policy insights and empirical applications. They have added nine entirely new chapters as well as new sections to several existing chapters (e.g., a greatly expanded treatment of the growing theory of preferential trade agreements).

About the Authors

Jagdish N. Bhagwati is University Professor of Economics, Law, and International Relations at Columbia University and former Adviser to the Director General of GATT, Arthur Dunkel. He is the author (with Arvind Panagariya) of Why Growth Matters: How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries.

Arvind Panagariya is Vice Chairman, NITI Aayog (National Institution for Transforming India), Government of India, and Professor of Economics in the School of International and Public Affairs at Columbia University. 

T.N. Srinivasan is Samuel C. Park Jr. Professor of Economics at Yale University.


“A comprehensive treatment of both positive and normative tradetheory, this second edition includes new chapters on thespecific-factors model, economies of scale, strategic trade policy,and endogenous growth. Graduate students will appreciate the lucidwriting and the judicious mix of algebra and diagrams.”
Gene Grossman, Jacob Viner Professor of International Economics, Princeton University