Trade War: What is it good for?
The bestselling author of ON THE QUESTION OF FREE TRADE and THE RETURN OF THE GREAT DEPRESSION explains how a national economy is measured, provides the seven reasons why David Ricardo's Theory of Comparative Advantage is not relevant to real world trade, and demonstrates why a trade war is not necessarily bad for the U.S. economy.
David Ricardo: https://infogalactic.com/info/David_Ricardo
Theory of Comparative Advantage: https://infogalactic.com/info/Comparative_advantage
Gross Domestic Product: https://infogalactic.com/info/Gross_domestic_product
Sign up to become a Voxiversity backer: http://voxiversity.com
|Sensitivity||Normal - Content that is suitable for ages 13+|