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The Choice: A Fable of Free Trade and Protectionism (3rd Edition)

Posted By : G-N.Team | Date : 23 Sep 2010 15:31:47 | Comments : 0 |
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The Choice: A Fable of Free Trade and Protectionism (3rd Edition)
Publisher: Prentice Hall | ISBN : 0131433547 | October 8, 2006 | 144 pages | PDF | 47.7MB

Written as a novel, the book makes the complex concepts, issues and terminology of international trade understandable for students...David Ricardo comes to life to discuss international trade theory and policy with Ed Johnson, a fictional American television manufacturer seeking trade protection from television manufacturers. Their dialogue is a sophisticated, rigorous discussion of virtually every major issue in trade theory and policy. To illustrate the positive and normative effects of international trade and trade policy, Ricardo takes the reader and Ed Johnson into the future to see an America of free trade and an America of complete self-sufficiency. The fictional element brings these topics to life so that students gain the intuition and understanding of how trade changes the lives of people and the industries they work in. The fundamental intuition of how international markets function including general equilibrium effects and policy analysis is provided.



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