The History and Changes in the Theory of International Trade
Abstract
and contemporary international trade theory. Traditional type classical trade theory includes absolute advantage theory, comparative advantage theory, relative demand theory. Neoclassical international trade theory takes factor endowment theory as the main content. Traditional
type classical trade theory and neoclassical trade theory are together called traditional international trade theory. Contemporary international
trade theory includes scale economy theory, demand similarity theory, intra-industry trade theory, product life cycle theory.
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DOI: http://dx.doi.org/10.18686/fm.v9i3.12785
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