With a recent article from Nobel laureate Paul A. Samuelson in the Journal of Economic Perspectives , this debate gained new prominence, as he concluded “comparative advantage cannot be counted on to create…net gains greater than the net losses from trade”.
With a recent article from Nobel laureate Paul A. Samuelson in the Journal of Economic Perspectives , this debate gained new prominence, as he concluded “comparative advantage cannot be counted on to create…net gains greater than the net losses from trade”.