Comparative advantage, economic growth and free trade

Detalhes bibliográficos
Autor(a) principal: Gallardo, Julio Lopez
Data de Publicação: 2018
Tipo de documento: Artigo
Texto Completo: https://revistas.ufrj.br/index.php/rec/article/view/19857
Resumo: The paper has two objetives. The first is to discuss whether developing countries can benefit by specializing according to their comparative advantage. The second objetive is to discuss if an economy that adopts a free market policy will in effect achieve greater economic efficiency. The author concludes that specialization according to comparative advantage would indeed benefit a country. He also argues that in an economy ruled by free competition and without governmental interference, market signals and forces and not by themselves sufficient to provide the necessary incentives to producers so that they fully use the avaliable resources, and produce and trade according to comparative advantage. 
id UFRJ-2_e7a55f8bb8111d97e65df56c13d89aff
oai_identifier_str oai:ojs.pkp.sfu.ca:article/19857
network_acronym_str UFRJ-2
network_name_str Revista de Economia Contemporânea
repository_id_str
spelling Comparative advantage, economic growth and free tradeGallardo, Julio Lopezcomparative advantagetradegrowthF10F43The paper has two objetives. The first is to discuss whether developing countries can benefit by specializing according to their comparative advantage. The second objetive is to discuss if an economy that adopts a free market policy will in effect achieve greater economic efficiency. The author concludes that specialization according to comparative advantage would indeed benefit a country. He also argues that in an economy ruled by free competition and without governmental interference, market signals and forces and not by themselves sufficient to provide the necessary incentives to producers so that they fully use the avaliable resources, and produce and trade according to comparative advantage. IE-UFRJ2018-08-28info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtigo avaliado pelos Pareshttps://revistas.ufrj.br/index.php/rec/article/view/19857Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 2005Journal of Contemporary Economics; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 20051980-5527enCopyright (c) 2018 Julio Lopez Gallardooai:ojs.pkp.sfu.ca:article/198572019-08-02T17:46:38Z
dc.title.none.fl_str_mv Comparative advantage, economic growth and free trade
title Comparative advantage, economic growth and free trade
spellingShingle Comparative advantage, economic growth and free trade
Gallardo, Julio Lopez
comparative advantage
trade
growth
F10
F43
title_short Comparative advantage, economic growth and free trade
title_full Comparative advantage, economic growth and free trade
title_fullStr Comparative advantage, economic growth and free trade
title_full_unstemmed Comparative advantage, economic growth and free trade
title_sort Comparative advantage, economic growth and free trade
dc.creator.none.fl_str_mv Gallardo, Julio Lopez
author Gallardo, Julio Lopez
author_facet Gallardo, Julio Lopez
author_role author
dc.subject.none.fl_str_mv comparative advantage
trade
growth
F10
F43
topic comparative advantage
trade
growth
F10
F43
description The paper has two objetives. The first is to discuss whether developing countries can benefit by specializing according to their comparative advantage. The second objetive is to discuss if an economy that adopts a free market policy will in effect achieve greater economic efficiency. The author concludes that specialization according to comparative advantage would indeed benefit a country. He also argues that in an economy ruled by free competition and without governmental interference, market signals and forces and not by themselves sufficient to provide the necessary incentives to producers so that they fully use the avaliable resources, and produce and trade according to comparative advantage. 
publishDate 2018
dc.date.none.fl_str_mv 2018-08-28
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Artigo avaliado pelos Pares
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19857
url https://revistas.ufrj.br/index.php/rec/article/view/19857
dc.language.none.fl_str_mv en
language_invalid_str_mv en
dc.rights.none.fl_str_mv Copyright (c) 2018 Julio Lopez Gallardo
rights_invalid_str_mv Copyright (c) 2018 Julio Lopez Gallardo
dc.publisher.none.fl_str_mv IE-UFRJ
publisher.none.fl_str_mv IE-UFRJ
dc.source.none.fl_str_mv Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 2005
Journal of Contemporary Economics; Rev. Econ. Contemp., v. 9, n. 2, mai./ago. 2005
1980-5527
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1789436682001448960

Registros relacionados