Comparative Advantage and Optimal Trade Policy
The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker comparative advantage be protected more? Conversely, should export sectors with...
Main Authors: | , , , |
---|---|
Other Authors: | |
Format: | Article |
Language: | en_US |
Published: |
Oxford University Press
2016
|
Online Access: | http://hdl.handle.net/1721.1/104097 https://orcid.org/0000-0002-5503-297X https://orcid.org/0000-0003-2370-5575 |