The Choice : A Fable of Free Trade and Protectionism
Through the use of allegory and satire, this text provides an exposition of the law of comparative advantage, an economic law applicable to all trading nations. In the fable, the ghost of David Ricardo provides an entertaining look at the array of questions facing America, and indeed the world, in the choice between free trade and protectionism.
- Paperback | 128 pages
- 149.86 x 223.52 x 10.16mm | 204.12g
- 29 Dec 1993
- Pearson Education (US)
- United States
Table of contents
1. Minutes of the Heavenly Court: Soul of David Ricardo. 2. The Challenge of Foreign Competition. 3. The Roundabout Way to Wealth. 4. Is Japan Winning the Economic War? 5. Do Imports Cost America Jobs? 6. The New Generation of American Know-How. 7. Do Tariffs Protect American Jobs? 8. Tariffs vs. Quotas. 9. Road Trip. 10. The Case for Protection. 11. Fair Trade vs. Free Trade. 12. Self-Sufficiency is the Road to Poverty. 13. The Choice. 14. A Final Word from David Ricardo. 15. Explanations and Further Readings. Acknowledgements.