This book presents International Agricultural Trade Research Consortium commissioned papers. The papers systematically explore the conceptual and empirical dimensions of the new trade theory and try to determine the potential application to agricultural trade and trade policy analysis.
1. Introduction Part One: Imperfect Competition and Trade 2. Trade Policy with Imperfect Competition: A Selective Survey 3. International Trade, National Welfare, and the Workability of Competition: Survey of Empirical Estimates 4. Strategic Trade Theory and Agricultural Markets: An Application to Canadian and U.S. Wheat Exports to Japan 5. Implications of new Trade Theory for Modelling Imperfect Substitutes in Agricultural Trade Part Two: The Political Economy of Trade 6. New Developments in the Political Economy of Protectionism 7. Empirical Research on the Political Economy of Trade 8. The Political Economy of Agricultural Policy and Trade 9. Summary