Chapter

Introduction

W. Max Corden

in Trade Policy and Economic Welfare

Second edition

Published in print February 1997 | ISBN: 9780198775348
Published online November 2003 | e-ISBN: 9780191715471 | DOI: http://dx.doi.org/10.1093/0198775342.003.0001
 Introduction

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There are three stages of thought in the development of the normative theory of trade policy. This book expounds the third stage, where the link between the case for free trade and for laissez‐faire is broken.

Keywords: free trade; laissez‐faire; trade policy

Chapter.  2833 words. 

Subjects: International Economics

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