Record Details

International trade theory is still relevant

PSL Quarterly Review

View Archive Info
 
 
Field Value
 
Title International trade theory is still relevant
 
Creator WILLETT, T.D.
 
Subject
Comparative advantage, international trade, protectionism, policy, exchange, investment
F10, F13, F21
 
Description It has become common place to argue that the theory of comparative advantage and international trade is no longer relevant to the realities of the world economy and that concepts such as free trade versus protectionism are outdated. It is the contention of this paper, however, that international theory still has much to offer as a guide for policy. The author argues that, despite profound changes and new trends in the world economy, international trade theory has not lost its relevance and that the presumption which may be derived from it in favour of free international exchange as a general policy remains a wise basis for international trade and investment policy in the 1970s. JEL: F10, F13, F21
 
Publisher Economia civile
 
Contributor
 
Date 2014-10-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12874
 
Source PSL Quarterly Review; Vol 24, No 98 (1971)
PSL Quarterly Review; Vol 24, No 98 (1971)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12874/12677
 
Rights Copyright (c) 2016 T.D. WILLETT
http://creativecommons.org/licenses/by-nc-nd/4.0