Ferreira, Pedro Cavalcanti; Pessôa, Samuel; Santos, … - FGV/EPGE Escola Brasileira de Economia e Finanças, … - 2010
This paper argues that trade specialization played an indispensable role in supporting the Industrial Revolution, allowing the economy to shift resources to the manufacture without facing food and raw materials shortage. In our arti cial economy, there are two sectors agriculture and manufacture...