Journal of Jishou University(Social Sciences) ›› 2001, Vol. 22 ›› Issue (1): 11-14.

• Economics • Previous Articles     Next Articles

A Theory on International Trade Based on Specialization and Division of Work

  

  1. (East China Normal University,Shanghai 200062)
  • Online:2001-03-01 Published:2012-10-23

Abstract: Xiaokai Yang and Youguang Hang have established a new theory on international trade which is based on specialization and division of work.The new theory integrates the basis of dometic trade and international trade and throws new light on international trade theory.on the other hand,it is difficult to verify.

Key words: Theory on International trade, specialization, division of work, market organization, market arrangement

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