Applications of International Trade Theory
2013 IndieFab Award Finalist, Business & Economics (Adult Nonfiction)
Applications of International Trade Theory: The Caribbean Perspective is an applied research-related book essential for undergraduate and postgraduate students, policymakers, and practitioners in the trade and development field. The book is relevant to a range of modules that emphasize the economic environment and perspectives needed to understand Caribbean trading patterns. It provides a holistic and balanced treatment of various approaches within the international trade domain as well as clarity of exposition to guarantee that all readers acquire an ample grasp of the theories, application and policies discussed.
Much of the content begins at an introductory level and is suited to readers with little or no previous exposure to the economics surrounding international trade, although the diverse nature of the topics covered inevitably means there is some variation in the level of analysis. Hosein makes use of numerous theoretical constructs with the intention of familiarizing readers with some of the core concepts that underpin the complexities surrounding any study on international trade.
Although the topics have been arranged with an element of progression, so that the chapters may be read consecutively, the largely self-contained nature of each chapter gives the book a degree of flexibility: chapters can be read selectively, in any order appropriate to the reader’s interest or to the stage reached in a programme study.
"Applications of International Trade Theory draws on a wide array of trade literature from across the world and includes works of noted regional scholars, such as Sir W.A. Lewis. The work opens by setting the context of global trade patterns and relies on global and regional trade data extracted from a variety of data sources… Hosein also discusses other aspects of trade of critical importance to the region, particularly tourism, migration and foreign direct investment.
-Alicia Nicholls, Trade Policy Specialist, Shridath Ramphal Centre for International Trade Law, Policy and Services, University of the West Indies, Cave Hill, Barbados
Roger Hosein is Senior Lecturer, Department of Economics, University of the West Indies, St Augustine, Trinidad and Tobago. He specializes in international trade with particular emphasis on the dynamics associated with trade patterns within the Caribbean.