Advanced International Trade: Theory and Evidence

By : Robert C. Feenstra

This book is intended for a graduate course in international trade. I assume that all readers have completed graduate courses in microeconomics and econometrics. My goal is to bring the reader from that common point up to the most recent research in international trade: in both theory and empirical work. This is not intended to be a difficult book, and the mathematics used should be accessible to any graduate student.
The material covered will give the reader the skills needed to understand the latest articles and working papers in the field.

At the same time, I am aware that many readers will become teachers in the field, especially at the undergraduate level. I feel that it is suitable, then, to start each chapter by introducing simple graphical techniques that can be used in teaching. Following this, I move towards the equations for each model. A set of problems at the end of each chapter give the reader some experience in manipulating these equations. An instructors manual that accompanies this book provides solutions to the problems.1 In addition, I have included empirical exercises that replicate the results in some chapters. Completing all of these could be the topic for a second course, but even in a first course there will be a payoff to trying some exercises. The data and programs for these can be found on my home page and also at the website.

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