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Chapter 3 - International trade theory. This chapter examines the development of international trade theory from the seventeenth century through the second half of the twentieth century. The main goals of this chapter are to: Outline and critically evaluate the major theories that attempt to explain why nations should engage in international trade and the patterns of international trade; show, via simple examples, the case for free trade and how all countries can benefit from free trade;. | Lecture International trade and investment (2/e): Chapter 3 - John Gionea
