Journalists seem alarmed by the fact that the Republican and Democratic primaries have the potential to shift a historical stance on U.S. trade policy. That is, most of the American governments during […]
International Demand for goods and Foreign Trade have been a driving force behind United States’ economic growth. The recent legislative efforts, made by the current democratic administration to get permission for a […]
Protected: If Smith and Ricardo were right, what patterns of economic specialization should we observe under free trade?
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If Smith and Ricardo were right, what patterns of economic specialization should we observe under free trade?
Many orthodox economists claim that the works of Adam Smiths and David Ricardo -the Wealth of Nations and On the Principles of the Political Economy- form a set of ideas that can […]