International Trade: Smarten Up to Talk the Talk

61 Pages Posted: 6 Oct 2019 Last revised: 9 Aug 2023

See all articles by Levi Haas

Levi Haas

University of Manchester, Faculty of Humanities, School of Social Sciences, Department of Economics, Students

Klaus Reiner Schenk-Hoppé

The University of Manchester - Department of Economics

Date Written: August 6, 2023

Abstract

International trade is currently under fire from many sides. Protectionist trade policies are on the rise, putting an end to the decade-long march of free trade. Making sense of the daily headlines and having an informed opinion on your own has rarely been more important than it is now.

Our work aims to explain the driving forces behind international trade, its history, how it shaped the world, its economic models, issues ranging from job losses to the environment and why buying local often makes no sense.

We summarize the most important academic literature on these topics in a non-technical, educational manner. If the reader feels enabled to form their own views on the pros and cons of international trade and that they can `talk the talk', our effort has been fruitful.

Keywords: Introduction to International Trade; History of Trade; Trade Models; Costs and Benefits of Trade; Trade Restrictions; Free Trade

JEL Classification: F1

Suggested Citation

Haas, Levi and Schenk-Hoppé, Klaus Reiner, International Trade: Smarten Up to Talk the Talk (August 6, 2023). Available at SSRN: https://ssrn.com/abstract=3459234 or http://dx.doi.org/10.2139/ssrn.3459234

Levi Haas

University of Manchester, Faculty of Humanities, School of Social Sciences, Department of Economics, Students ( email )

Arthur Lewis Building
Oxford Road
Manchester, M13 9PL
United Kingdom

Klaus Reiner Schenk-Hoppé (Contact Author)

The University of Manchester - Department of Economics ( email )

Arthur Lewis Building
Oxford Road
Manchester, M13 9PL
United Kingdom

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