Who receives the gains from international trade, and can trade be used successfully as an engine of broad development? What policies can affect this under different circumstances?
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The classical economists like Adam Smith and David Ricardo first found interest in the role of trade in economic development. They have sang the praise of free trade based on comparative advantage.
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The classical economists like Adam Smith and David Ricardo first found interest in the role of trade in economic development. They have sang the praise of free trade based on comparative advantage.
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