Includes bibliographical references (p. 215-233) and indexes.

Introduction / W. Max Corden -- Models of international trade in dif ferentiated goods / Henryk Kierzkowski -- Capital goods and the pure th eory of trade / Ian Steedman and J.S. Metcalfe -- Theory and policy of adjustment in an open economy / J. Peter Neary -- Empirical analyses of the commodity composition of trade / P.K.M. Tharakan -- Models of trad e in differentiated goods and commercial policy / David Greenaway -- Ec onomic aspects of voluntary export restraints / Carl Hamilton -- Empiri cal analyses of the costs of protection / Chris Milner -- The political economy of protection / Bruno Frey -- Foreign direct investment and th e international transfer of technology / V.N. Balasubramanyam -- Intern ational economic integration / Ali El-Agraa.