A Review of Comparative Advantage, Growth, and Gains From Trade and Globalization: A Festchrift in Honor of Alan V Deardorff

摘要

There has recently been a torrent of criticism by the general public, media, politicians and some economists about globalization. Many question whether trade does in fact make all countries better off. A particular source of contention is the applicability of comparative advantage, especially in today's ever more sophisticated global economy. Amidst this environment, the festschrift in honor of Alan Deardorff serves as a valuable source for understanding trade theories and the gains from trade.