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Competition and Free Trade (Hardcover)
Loot Price: R3,877
Discovery Miles 38 770
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Competition and Free Trade (Hardcover)
Series: Routledge Foundations of the Market Economy
Expected to ship within 12 - 17 working days
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Competition and free trade are both concepts which are absolutely
central for the understanding of human societies but are also often
the subjects of fears and criticisms. It is argued that it is not
possible to understand what competition really is without referring
to the concept of freedom, and that free trade must be understood
as the way to expand the scope of competition. This book uniquely
analyses the two concepts as closely interlinked, by approaching
them in two parts. The first, 'Competition', introduces the reader
to the traditional competition model, and explores the dynamics and
range of the term in an authoritative way. The second part, 'Free
Trade' examines the different types of trade, and analyses them in
a wealth of contexts, from customs duties to import quotas. With
discussions surrounding protectionist arguments, politics,
liberalization and history, the author presents an overview of how
competition and free trade operate in the real world. This book
dispels the fears and misunderstandings which have developed around
these central pillars of the modern economy and is essential
reading for those studying international economics, international
trade, political economy or corporate finance.
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