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The Global Free Trade Error

- The Infeasibility of Ricardo's Comparative Advantage Theory

About The Global Free Trade Error

This book provides a detailed analysis and counter-poses alternative Neo-Marxist "unequal exchange" foundational models of global trade and finance. In the first part of the book the three core free trade models are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In the second part of the book unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "Demand and Cost" setting to develop a set of global managed trade principles for a more equitable and sustainable world trade regime.

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  • Language:
  • English
  • ISBN:
  • 9781138852952
  • Binding:
  • Hardback
  • Pages:
  • 180
  • Published:
  • March 5, 2017
  • Dimensions:
  • 241x164x18 mm.
  • Weight:
  • 430 g.
Delivery: 2-3 weeks
Expected delivery: December 19, 2024
Extended return policy to January 30, 2025

Description of The Global Free Trade Error

This book provides a detailed analysis and counter-poses alternative Neo-Marxist "unequal exchange" foundational models of global trade and finance. In the first part of the book the three core free trade models are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In the second part of the book unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "Demand and Cost" setting to develop a set of global managed trade principles for a more equitable and sustainable world trade regime.

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