2008/04/25 by James E. Anderson · 1 citation
Economics, Econometrics and Finance · #Global trade and economics
paper · doi:10.1057/9780230226203.0839
openalex publication_date 2008/04/25 · openalex created_date 2025/10/10 · openalex updated_date 2026/04/15
International trade theory provides explanations for the pattern of international trade and the distribution of the gains from trade. The theory convinces most economists of the benefits of liberal trade. But many non-economists oppose liberal trade. Opponents include some who may have encountered trade theory but nevertheless fall prey to fallacious reasoning. This article attempts to convey why trade theory is so persuasive to economists and also to deal with why many non-economists are not persuaded.