International Trade Agreements - Econlib

Ever since Adam Smith published The Wealth of Nations in 1776, the vast majority of economists have accepted the proposition that free trade among nations improves overall economic welfare. Free trade, usually defined as the absence of tariffs, quotas, or other governmental impediments to international trade, allows each country to specialize in the goods it […]

State of Trade 2022: The Benefits of Free Trade Agreements

State of Trade 2022: The Benefits of Free Trade Agreements

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