Abstract
International trade has a long history, dating back to antiquity. It brought, and brings, gains to those directly involved in it. More important, participation in international trade also brings gains to society at large - though not necessarily to all its individual members. Therefore, the general opinion, of economists and non-economists alike, is: the more trade the better. In policy terms: remove all obstacles to trade, so that it can freely spread and expand its beneficial effects.
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© 1996 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Linnemann, H. (1996). The Gains from Trade Reconsidered. In: Buitelaar, R., van Dijck, P. (eds) Latin America’s New Insertion in the World Economy. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24720-2_2
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DOI: https://doi.org/10.1007/978-1-349-24720-2_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-24722-6
Online ISBN: 978-1-349-24720-2
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