1988: Rethinking International Trade
Economists have a reputation for disagreeing with each other; businessmen and politicians usually imagine that there is an economist on every side of every issue. The reputation is only partly deserved; some of the people who call themselves economists would not be recognized by the professionals as colleagues, and the extent of disagreement is exaggerated by the tendency of the press to report every issue as a debate. Nonetheless, the charge has enough truth in it to make economists self-conscious and highly protective of their few areas of virtually total unanimity.
KeywordsInternational Trade Free Trade Comparative Advantage Trade Policy High Return
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