Overview

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, stresses its shortcomings, 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.

Full Product Details

Author:   Pascal Salin
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.453kg
ISBN:  

9780367888916

ISBN 10:   0367888912
Pages:   146
Publication Date:   12 December 2019
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

TABLE OF CONTENTS Foreword PART ONE – COMPETITION Introduction Chapter I – The traditional competition model Chapter II – Breaches of atomistic competition Chapter III - A critical appraisal of the atomistic theory Chapter IV - The entrepreneur and the dynamics of competition Chapter V - True and false breaches of competition Chapter VI - How far competition ? PART TWO - FREE TRADE Chapter VII - Justifications for free trade Chapter VIII - The effects of protectionism Chapter IX - True and false barriers to trade Chapter X - Protectionist arguments Chapter XI - The role of political processes Chapter XII - Trade liberalization Chapter XIII - Historical landmarks Bibliography Index

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Pascal Salin is Honorary Professor of economics at Université Paris, Dauphine, France.

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