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Hardcover How Nations Grow Rich: The Case for Free Trade Book

ISBN: 0195112377

ISBN13: 9780195112375

How Nations Grow Rich: The Case for Free Trade

There can be no doubt, writes economist Melvyn Krauss, that the prosperity of the industrial nations since the Second World War has been due largely to global specialization and interdependence. No one country does all tasks today -- products are designed in one country, produced in another and assembled in a third. The increased standard of living resulting from global specialization in turn has led to the growth of the modern welfare state, including...

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