International Trade Under Imperfect Competition

Abstract

Nature and scope of the problem, 567. — I. The decreasing cost factor, 569. — II. Imperfect substitutability, 573. — Two types of additional demand for imports, 574. — Three types of product differentiation: differences in the products themselves, 575; differences in the location of producers, 579; customer inertia, 579. — III. Incurring costs to influence demand, 580. Summary of conclusions, 581.