Business International Trade

1. The Economics of International Trade tutor2u A2 Economics Geoff Riley, 2013 2. Paul Krugman on Trade • “If there were an Economist’s Creed, it would surely contain…

Documents International Trade Theory and the World Trading System.

International Trade Theory and the World Trading System EVOLUTION OF THE THEORY OF INTERNATIONAL TRADE Theorists: Adam Smith (1776) David Ricardo (1817) Eli Heckscher (1919)…