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2008 March 21, Frieder Lempp, “The Logical Structure of International Trade Theory”, in Erkenntnis, volume 69, number 2, DOI:10.1007/s10670-008-9110-5:
- Thus the complete framework of General Equilibrium Theory as developed, for instance, in the Arrow–Debreu model is too general as a basis of ITT. 10 Furthermore, this model endogenises properties, such as the time and place of commodities, which are crucial to ITT and should therefore be made explicit in a reconstruction of the theory.