Slide 1 International Trade Theory by Md. Nuruzzaman, Ph.D. Director (Training), NAPD Slide 2 International Trade Theory Overview Mercantilism Absolute Advantage…
Slide 1 The Free Trade Movement: Part 1: Trade Theory World Trade Slide 2 2 THE THEORY OF INTERNATIONAL TRADE: EVOLUTION OF A CONCEPT Theorists: Adam Smith (1776) David Ricardo…