1 Classical international trade theories
1.1.1. Mercantilism theory
1.1.2. Absolute advantage theory
1.1.3. Comparative advantage theory
1.1.4. Factor proportions theory and its testing by W. Leontief
1.2. Standard model of international trade
1.3. Alternative concepts of international trade
1.3.1. The technology gap theory
1.3.2. Product life cycle theory.
1.3.3. Representative demand theory
1.3.4. Economies of scale theory
1.3.5. Intra-industry trade theory
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