The Development of International Trade Theory
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DOI: 10.25236/iciss.2019.055
Corresponding Author
Pengzhi Xu
Abstract
Constant developing of globalization and technology brings much new and complicated international trade practice. International trade theories have been keeping up with those changes. It developed from traditional international trade theory to the new international trade theory and even to the new new international trade theory. The aim of this paper is to comprehensively describe its process, analyze its reason, summarize its law, predict its trend and get some beneficial inspirations.
Keywords
Traditional trade theory, New trade theory, New new trade theory