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"Brilliantly conceived."-Martin Wolf, Financial Times"Gather around all of you who have been flummoxed by concepts like comparative advantage and purchasing power parity, puzzled about the difference between a tariff and a quota, or confused about which is better-fair trade or free trade. Russell Roberts explains the mysteries of global life in a heartwarming tale you won't soon forget."-Susan Lee, The Wall Street Journal"Russell Roberts' clever allegory clearly points out the fundamental danger threatening free trade: the favoring of the few at the expense of the many. More importantly, he makes a difficult situation understandable...and enjoyable!"-Fred Smith, CEO, Federal Express"...Puts the complex...issues surrounding...theemerging global economy into understandable terms. The ending is a surprise, the journey a pleasure. And the payoff for the reader is a broader, more vivid appreciation of trade issues."-Doug Harbrecht, Business WeekReseña del editor:
This supplement is appropriate for principles of economics, surveys of economics, international economics, international trade, or managerial economics. No prior economics is assumed, but the material can be taught at all levels.Written as a novel, the book makes the complex concepts, issues and terminology of international trade understandable for students. David Ricardo comes to life to discuss international trade theory and policy with Ed Johnson, a fictional American television manufacturer seeking trade protection from television manufacturers. Their dialogue is a sophisticated, rigorous discussion of virtually every major issue in trade theory and policy. To illustrate the positive and normative effects of international trade and trade policy, Ricardo takes the reader and Ed Johnson into the future to see an America of free trade and an America of complete self-sufficiency. The fictional element brings these topics to life so that students gain the intuition and understanding of how trade changes the lives of people and the industries they work in. The fundamental intuition of how international markets function including general equilibrium effects and policy analysis is provided.
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Descripción Prentice Hall, 2000. Paperback. Condición: New. Never used!. Nº de ref. del artículo: P110130870528
Descripción Prentice Hall. PAPERBACK. Condición: New. 0130870528 Ships promptly from Texas. Nº de ref. del artículo: Z0130870528ZN
Descripción Prentice Hall, 2000. Condición: New. book. Nº de ref. del artículo: M0130870528