Discover how globalization enhances comparative advantage, driving economic efficiency in both developed and developing ...

Log-in to bookmark & organize content - it's free! The House Agriculture Committee hears testimony on how food production would be affected by the adoption of a North American Free Trade Agreement, ...

Log-in to bookmark & organize content - it's free! Stephen Moore, longtime economic adviser to President Trump and visiting fellow at the Heritage Foundation, discusses the benefits of trade and the ...

Tariffs are a dead weight on economic growth. Free trade and the concept of comparative advantage maximize a nation’s wealth. Each nation should produce the goods and services where that nation enjoys ...

David Ricardo, a Scottish economist, made a perceptive observation that a few individuals, firms, or countries can gain from trading, even if one of them is objectively the best in all activities.

Any review that calls the book in question “captivating” and “clear-eyed” and that describes its author as the “most consequential U.S. trade representative of the last 30 years” cannot be all bad, ...

For decades, economists have claimed that free trade delivers the greatest good to the greatest number of people. Good for workers, corporations, shareholders and the country. This idea has been ...

Dans deux pays ayant chacun deux secteurs de production, on fait l'hypothèse que des conditions de concurrence oligopolistique sont réunies, en autarcie, dans chaque secteur de chaque pays, à partir ...

By Michael Osei AKOMEAGhana’s oil wealth is more than a resource; it is a strategic economic asset whose value depends on how it is integrated into the fabric of national growth and industrial ...