Gains From Trade for Nonmaterialists, Environmentalists, and the Overworked - Rather than showing that free trade allows a country to consume more of all final goods, the author shows that free trade allows a country to consume the same basket of final goods that it would consume in autarchy but at a reduced cost measured in terms of foregone productive resources.
Year of publication: |
2007
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Authors: | Weber, Christian E. |
Published in: |
The journal of economic education. - Philadelphia, Pa : Routledge, ISSN 0022-0485, ZDB-ID 4105357. - Vol. 38.2007, 4, p. 452-460
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