Global Economy Chris Edmond International Trade
نویسنده
چکیده
Virtually all economists, liberal or conservative, believe that free (or freer) trade is a good thing: good for consumers, good for workers. Why? Because consumers are able to buy products from the cheapest vendor, and workers are able to take jobs that offer the highest wages. But if trade is such a good idea, why do non-economists find the idea so puzzling, and even dangerous? The purpose of this document is to outline the modern theory of international trade, which is a central support of the current trend toward globalization.
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