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Trade theory |
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Trade theoryThe body of economic thought that seeks to explain why and how countries engage in international trade and the welfare implication of that trade, encompassing especially the Ricardian Model, the Heckscher-Ohlin Model, and the New Trade Theory.Similar MatchesPresidential election cycle theoryPresidential election cycle theoryA theory that stock market trends can be predicted and explained by the four-year presidential election cycle. New Trade TheoryNew Trade TheoryModels of trade that, especially in the 1980s, incorporated aspects of imperfect competition, increasing returns, and product differentiation into both general equilibrium and partial equilibrium models of trade and trade policy. Many contributed to this literature, but the most prominent was Krugman, starting with Krugman (1979). Purchasing power parity theoryPurchasing power parity theoryA theory of the exchange rate that the rate will adjust to achieve purchasing power parity, in either its absolute or its relative form. Portfolio theoryPortfolio theorySee: Modern portfolio theory. Elliott Wave TheoryElliott Wave TheoryTechnical market timing strategy that predicts price movements on the basis of historical price wave patterns and their underlying psychological motives. Robert Prechter is a famous Elliott Wave theorist. Further SuggestionsGreater fool theoryBubble theory Normal backwardation theory efficient market theory Theory of second best Bicycle Theory Conduit theory Odd lot theory Preferred habitat theory Dow theory Short interest theory Agency theory Local expectations theory Modern portfolio theory Cushion theory Dow dividend theory Product cycle theory capital market theory Labor theory of value Efficient markets theory(EMT) Complexity Theory Game Theory Dow Theory Game theory Dependency Theory |
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