Link between trade liberalisation and economic growth
Seminar paper from the year 2011 in the subject Economics - Case Scenarios, grade: 88 %, Edinburgh Napier University, language: English, abstract: One of the great economic debates of all times is whether trade liberalisation or rather protectionism promotes economic growth (Case, Fair and Oster, 2009, p. 710). Ricardo (1955) claims with his theory of comparative advantage that specialisation and free trade benefits all participants. The producers and consumers ostensibly gain access to a wider range of products at lower prices and higher quality, the resources are used more efficiently, and the manufacturers may expand their products and fac…
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Produktdetails
- ISBN: 978-3-640-96660-8
- EAN: 9783640966608
- Produktnummer: 24056259
- Verlag: Grin Verlag
- Sprache: Englisch
- Erscheinungsjahr: 2011
- Seitenangabe: 23 S.
- Plattform: EPUB
- Masse: 597 KB
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