Developments of International Trade Theory offers the life-long reflections of a distinguished Japanese scholar who pioneered the application of general equilibrium theory to international trade. Written in a style that makes it easily accessible to scholars and students, the book combines standard topics on international trade with a discussion of the evolution of the theory and some recent discussions on topics like immiserizing growth.
This book is presented in two parts. Part I examines the historical progression of international trade theory. Part II addresses the modern theory and recent developments of international trade. This book offers a comprehensive evaluation of the non-monetary problems of international economics.

I.- 1 Mercantilism.- 2 Specie-flow Mechanism.- 3 Adam Smith and Division of Labor.- 4 Ricardo and Comparative Costs.- 5 J. S. Mill and Reciprocal Demand.- 6 Mill and Infant Industry.- 7 Marx and International Exploitation.- 8 Marshall and Offer Curve.- II.- 9 Theory of Production.- 10 Heckscher-Ohlin Theory (1).- 11 Heckscher-Ohlin Theory (2).- 12 Leontief Paradox.- 13 Domestic Distortions.- 14 Export and Welfare.- 15 Oligopoly.- 16 Immiserizing Growth.- 17 External Economies.- Authors Index.