Studies in the Theory of International Trade¶
Viner, J. (1937). Studies in the Theory of International Trade.
Cited by¶
1 citation across 1 artifact.
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Domain-specific¶
- Absolute Advantage
- The mercantilist inference Smith was displacing was that a country with absolute disadvantage in every good — less productive in everything — has nothing to trade and will lose from open commerce
This sourceViner's history of international-trade theory examining mercantilist doctrine and the place of absolute advantage in pre-Smith and classical analysis.
Supported in partVerified against the work's full text
“before Adam [Smith] must of necessity consist of an examination of the [mercantilist] doctrines”
- The mercantilist inference Smith was displacing was that a country with absolute disadvantage in every good — less productive in everything — has nothing to trade and will lose from open commerce
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