Competition and Free Trade: 1st Edition (Hardback) book cover

Competition and Free Trade

1st Edition

By Pascal Salin

Routledge

146 pages | 12 B/W Illus.

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Hardback: 9781138103436
pub: 2017-10-05
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Description

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.

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

About the Author

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

About the Series

Routledge Foundations of the Market Economy

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS029000
BUSINESS & ECONOMICS / Free Enterprise
BUS069000
BUSINESS & ECONOMICS / Economics / General