PDF Choice, The: A Fable of Free Trade and Protection 3rd Edition

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Choice, The A Fable of Free Trade and Protection
3rd Edition
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Description
Target Market for principles of economics,
surveys of economics, international economics,
international trade, or managerial economics. No
prior economics is assumed, but the material can
be taught at all levels.Written as a novel, the
book makes the complex concepts, issues and
terminology of international trade understandable
for students.Professors complain that their
students cannot grasp the nature of how some
economic tools are used or how they work in life.
This novel bridges the gap of concepts
with applications by use of a fictional
story.David Ricardo comes to life to discuss
international trade theory and policy with Ed
Johnson, a fictional American television
manufacturer seeking trade protection
from television manufacturers. Their dialogue is
a sophisticated, rigorous discussion of virtually
every major issue in trade theory and policy. To
illustrate the positive and normative effects of
international trade and trade policy, Ricardo
takes the reader and Ed Johnson into the future
to see an America of free trade and an America of
complete self-sufficiency. The fictional element
brings these topics to life so that students gain
the intuition and understanding of how trade
changes the lives of people and the industries
they work in. The fundamental intuition of how
international markets function including general
equilibrium effects and policy analysis is
provided.
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Choice, The A Fable of Free Trade and Protection
3rd Edition