During the 1990s, the world moved to the breakdown of international trade barriers with the North American passage of NAFTA and the establishment ...

Comparative advantage refers to the fact that a country can produce a product with lower opportunity cost than another product and thus can focus on products and export products with even lower ...

Log-in to bookmark & organize content - it's free! The House Agriculture Committee hears testimony on how food production would be affected by the adoption of a North American Free Trade Agreement, ...

The first edition of A Concise Guide to Macroeconomics by David A. Moss was published in 2007—just as one of the world's great economic downturns was taking off. The second edition has just been ...

Recently, an article in the Financial Times claimed that trade is an exchange, but that because China can manufacture almost ...

During Trump’s first term, India received a modest $11 billion in FDI inflows. With Donald J. Trump’s historic return to the White House as the 47th US President, the new administration’s likely focus ...

What with this magazine's update to the rich list there's a flurry of articles about Inditex and their major brand, Zara. And there's one little point in one of them that shows the power of an old ...

In textbook economics, trade is a win-win: Two countries trade freely based on comparative advantage and share the resulting gains, improving welfare in both countries. America’s trade with China is ...

Treasury Secretary Steven Mnuchin assured us on May 20 that the incipient trade war was “on hold.” Well, I guess the “hold” came off. The U.S. is now skirmishing with China, the European Union, Mexico ...