Free trade: why, when and for whom?

The free-trade argument as situated in the normative dimension of orthodox theory had an explicit prescriptive role of expressing that free trade is efficient. Moreover, the factor-price equalisation theorem as framed in the positive dimension of orthodox theory served an implicit prescriptive role...

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Bibliographic Details
Main Author: D. NAYYAR
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10690