Global Trade and Conflicting National Interests - Brossura

Gomory, Ralph E.; Baumol, William J.

Brossura

ISBN 10: 0262545802 ISBN 13: 9780262545808

Casa editrice: MIT Press, 2022

Riassunto

Ralph Gomory and William Baumol adapt classical trade models to the modern world economy.

In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the classical theories originated. Gomory and Baumol show that the new and significant conflicts resulting from international trade are inherent in modern economies.Today improvement in one country's productive capabilities is often attainable only at the expense of another country's general welfare. The authors describe why and when this is so and why, in a modern free-trade environment, a country might have a vital stake in the competitive strength of its industries.

Su questo libro

Informazioni sull?autore

William J. Baumol is Professor of Economics at New York University and Director of the university's C. V. Starr Center for Applied Economics.

Dettagli dell?edizione

• Editore: MIT Press
• Data di pubblicazione: 2022
• Lingua: Inglese
• ISBN 10: 0262545802
• ISBN 13: 9780262545808
• Rilegatura: Copertina flessibile
• Numero di pagine: 215
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile