International Trade

We have made the blanket assertion that free trade, in currency if not utility (think overall happiness, we’ll get to […]

The assessment of trade just given indicates that international trade is always a good thing, that it just extends the

Consider two countries, we’ll call them Rich and Poor. Rich is fully industrialized and has, on average, twice the productivity

While most people understand the benefits of trade on a free market within a country, free international trade is not