Development process and review of the international trade theory

摘要

The international trade theory experienced several periods of development from Classical to Neoclassical, to New Trade Theory, then to New Classical Trade Theory. The Classical, Neoclassical and the New Trade Theory all provide a explanatory power for the birth of international trade. While the New Classical Trade Theory offers a uniform theoretical core for internal and international trade, of which the perfect theoretical frame and powerful realistic explanation are extremely remarkable, which provides a new angle and point of view for the study over international trade.