02982oam 22006134a 450 991090188420332120190503073332.00-262-27405-11-4237-3779-2(CKB)1000000000456841(MH)008572281-2(SSID)ssj0000163619(PQKBManifestationID)12001470(PQKBTitleCode)TC0000163619(PQKBWorkID)10117600(PQKB)11275476(OCoLC)62308709(OCoLC)144565329(OCoLC)847217741(OCoLC-P)62308709(MaCbMITP)3306(MiAaPQ)EBC5891221(EXLCZ)99100000000045684120051120d2000 uy 0engurcnu---unuuutxtccrGlobal trade and conflicting national interests /Ralph E. Gomory and William J. Baumol ; with a contribution by Edward N. WolffCambridge, Mass. MIT Press©20001 online resource (xvi, 199 p. )ill. ;Lionel Robbins lecturesBibliographic Level Mode of Issuance: Monograph0-262-07209-2 Includes bibliographical references and index.Ralph Gomory and William Baumol adapt classical trade models to the modern world economy.In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the classical theories originated. Gomory and Baumol show that the new and significant conflicts resulting from international trade are inherent in modern economies.Today improvement in one country's productive capabilities is often attainable only at the expense of another country's general welfare. The authors describe why and when this is so and why, in a modern free-trade environment, a country might have a vital stake in the competitive strength of its industries.Lionel Robbins lectures.Free tradeProtectionismInternational tradeECONOMICS/Trade & DevelopmentECONOMICS/Political EconomyFree trade.Protectionism.International trade.382/.7Gomory Ralph E148136Baumol William J268191OCoLC-POCoLC-PBOOK9910901884203321Global trade and conflicting national interests692948UNINAThis Record contains information from the Harvard Library Bibliographic Dataset, which is provided by the Harvard Library under its Bibliographic Dataset Use Terms and includes data made available by, among others the Library of Congress