Economics Dictionary of Arguments

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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

Friedrich List on Free Trade - Dictionary of Arguments

Mause I 92f
Free Trade/List:/ListVsFree Trade: List criticised the classic free trade doctrine according to which all countries should concentrate on the production of those goods where they have (comparative) cost advantages. According to List, this overlooks the fact that specialisation in industrial goods would bring long-term strategic economic and political benefits to more developed countries, while depriving the less developed agricultural countries of their long-term development opportunities. The classic demand for free trade thus serves above all to secure the hegemony of the richer countries in the long term.(1)

1. F. List, Das nationale System der politischen Oekonomie. Stuttgart 1841.

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.

EconList I
Friedrich List
Das nationale System der politischen Oekonomie Stuttgart 1841

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

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