Competition and Free Trade (Routledge Foundations of the Market Economy) - Softcover

Salin, Pascal

Softcover

ISBN 10: 0367888912 ISBN 13: 9780367888916

Publisher: Routledge, 2019

Synopsis

Competition and free trade are both concepts which are absolutely central for the understanding of human societies but are also often the subjects of fears and criticisms. It is argued that it is not possible to understand what competition really is without referring to the concept of freedom, and that free trade must be understood as the way to expand the scope of competition.

This book uniquely analyses the two concepts as closely interlinked, by approaching them in two parts. The first, ‘Competition’, introduces the reader to the traditional competition model, stresses its shortcomings, and explores the dynamics and range of the term in an authoritative way. The second part, ‘Free Trade’ examines the different types of trade, and analyses them in a wealth of contexts, from customs duties to import quotas. With discussions surrounding protectionist arguments, politics, liberalization and history, the author presents an overview of how competition and free trade operate in the real world.

This book dispels the fears and misunderstandings which have developed around these central pillars of the modern economy and is essential reading for those studying international economics, international trade, political economy or corporate finance.

About this title

About the Author

Pascal Salin is Honorary Professor of economics at Université Paris, Dauphine, France.

Edition details

• Publisher: Routledge
• Publication date: 2019
• ISBN 10: 0367888912
• ISBN 13: 9780367888916
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 160