Economics Dictionary of Arguments

Home Screenshot Tabelle Begriffe

Free trade: Free trade is a commercial policy allowing goods and services to flow between countries without significant government interference. It promotes open markets by reducing tariffs, quotas, and other barriers, facilitating international commerce. Free trade aims to boost economic growth, foster competition, and provide consumers with a wider variety of goods at potentially lower prices by encouraging global exchange. See also Trade, International relations, Taxation, Fiscal policy.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

David Ricardo on Free Trade - Dictionary of Arguments

Mause I 41
Free trade/Ricardo: Using the principle of comparative cost advantage, he justified the international division of labour and the advantages of free trade for all countries involved.(1)
, >Costs, >Division of labor, >International relations.

1. Ricardo, David, On the principles of political economy and taxation. London 1817.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconRic I
David Ricardo
On the principles of political economy and taxation Indianapolis 2004

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

Send Link
> Counter arguments against Ricardo
> Counter arguments in relation to Free Trade

Authors A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   Z  

Concepts A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   Z