CONTENTS:- 1. Development of Analytical Theories of Trade and Production. 2. Prices of Factors of Production-International Trade and the Supplies of Factors of Production. 3. International Trade and Factor Movements International Trade and the Conditions of Production. 4. The Role of Demand in International Trade Models. 5. Methods of Welfare Analysis is International Trade Models. 6. Dynamic Models of International Trade. 7. Empirical Verification of Trade Models.