6 years ago

Trade War: What Is It Good For?

Trade War: What is it good for?

The bestselling author of On the Question of Free Trade and The Return
of the Great Depression, Vox Day, explains how a national economy is
measured, lists the seven reasons why David Ricardo's Theory of
Comparative Advantage is not relevant to real world trade, and
demonstrates why a trade war can can actually benefit the U.S. economy.

Source material:

David Ricardo: https://infogalactic.com/info/David_Ricardo
Theory of Comparative Advantage:
Gross Domestic Product: https://infogalactic.com/info/Gross_domestic_product

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Cartoon Battle - Vadodara by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/)

Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100300

Artist: http://incompetech.com/

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