Literaturnachweis - Detailanzeige
| Autor/in | Weber, Christian E. |
|---|---|
| Titel | Gains from Trade for Nonmaterialists, Environmentalists, and the Overworked |
| Quelle | In: Journal of Economic Education, 38 (2007) 4, S.452-460 (9 Seiten)Infoseite zur Zeitschrift
PDF als Volltext |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Zeitschriftenaufsatz |
| ISSN | 0022-0485 |
| Schlagwörter | Economics Education; International Trade; Living Standards; Natural Resources; Consumer Education; Macroeconomics; Productivity; Economic Research; Economic Factors; Economic Impact |
| Abstract | The author proposes an alternative to the traditional definition of the gains from international trade and, hence, an alternative defense of free trade. Rather than showing that free trade allows a country to consume more of all final goods, the author's approach 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. Thus, free trade gives a country the option to maintain the same material standard of living that it would have enjoyed in autarchy while enjoying more leisure and using fewer natural resources in production. (Contains 4 figures and 6 notes.) (Author). |
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| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
| Update | 2017/4/10 |
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