The Choice: A Fable of Free Trade and Protectionism, Updated and Revised Edition - Softcover

Roberts, Russell

 
9780130870520: The Choice: A Fable of Free Trade and Protectionism, Updated and Revised Edition

Inhaltsangabe

This supplement is appropriate for principles of economics, surveys of economics, international economics, international trade, or managerial economics. No prior economics is assumed, but the material can be taught at all levels.

  • 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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Über die Autorin bzw. den Autor

RUSSELL ROBERTS is the John M. Olin Senior Fellow at the Center for the Study of American Business at Washington University in St. Louis. Prior to joining the Center, he taught at the John M. Olin School of Business at Washington University, UCLA, Stanford University, and the University of Rochester. He is also the author of The Invisible Heart (MIT Press, 2001).

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9780130830081: The Choice: A Fable of Free Trade and Protectionism

Vorgestellte Ausgabe

ISBN 10:  0130830089 ISBN 13:  9780130830081
Verlag: Pearson Education (US), 1993
Softcover