domingo, 24 de noviembre de 2013

Global context: Origin of FTAs


Adam Smith was free trade's progenitor due he recognized that the fewer impediments to trade there were, the richer everyone would become. Then, David Ricardo supported this idea by stating that international trade is essential. “Every Countries have something they do best, produced in greater quantities and better quality.”He said. The idea was to share the advantages of each country to live better together. 


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