ISBN: 9781330375136 - The Return to Protection (classic Reprint) (3 results)

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condition: New. Print on Demand. This book explores the complex world of international trade by delving into the fundamental principles that govern its practice. The author begins by establishing that trade is, at its core, an exchange of services between nations. These services are manifested in material goods, leading to the cooperative specialization and competition characteristic of the industrial landscape. The author then examines two rival approaches to international trade policy: protectionism and free trade. Protectionism, the author argues, is a misguided attempt to shield domestic industries from foreign competition, which ultimately leads to stagnation and inefficiency. Free trade, on the other hand, promotes economic growth and innovation by fostering competition and encouraging the division of labor between nations. The book concludes by challenging the argument that free trade benefits only the wealthy and powerful, demonstrating that it is, in fact, essential for the prosperity of all. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…