Interregional and International Trade is Bertil Ohlin’s influential masterpiece, originally published in 1933 and fundamentally revised in this important 1967 edition. The book presents the renowned Heckscher-Ohlin model, which revolutionized modern international economics by explaining how the flow of goods and services across borders is shaped by differences in countries’ resource endowments—labor, capital, and land.
This revised edition features Ohlin’s substantial updates and a new introduction, tackling the extensive developments, critiques, and academic debates since its original release. It serves both as an accessible introduction to international trade theory and as a bridge to contemporary research on comparative advantage and global trade flows.
Bertil Ohlin (1899–1979) was a celebrated Swedish economist, Nobel laureate, and political leader. As a professor at the Stockholm School of Economics, he led the famed Stockholm School of economic thought. Ohlin’s collaboration with his mentor Eli Heckscher led to the creation of the Heckscher-Ohlin model—now one of the most widely cited frameworks in economics.
Ohlin also served as the head of Sweden’s Liberal Party and as the country’s Minister of Trade. His profound contributions to the theory of international trade earned him the Nobel Memorial Prize in Economic Sciences in 1977, which he shared with James Meade.
A rare and vital volume—experience the evolution of international economics through the eyes of one of its founding masters.