The two volumes incorporate major new papers contributed by leading international economists, on a range of topics that reflect the breadth of Professor Lloyd's own distinguished contributions to the field of international trade and policy during a career spanning over four decades. This first volume, Trade Theory, Analytical Models and Development, comprises 11 essays offering new contributions on the following topics:






trade and wages


factor endowments, factor mobility and political economy of trade


optimality of tariffs


measurement of welfare


customs union theory


endogenous mergers and tariffs


intra-industry trade


state trading enterprises and trade liberalisation


general equilibrium effects of e-Commerce, and trade


economic growth with production and consumption externalities


environmental pollution and resource degradation.


The diversity of the topics covered by the contributors will appeal to international economists, and particularly to those with an interest in international trade theory and applications.