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FREE TRADING – THE STRONG DIMENSION OF ECONOMIC LIBERALISM

Rozalia Kicsi ()

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, 2009, vol. 9, issue 1(9), 64-70

Abstract: Economic theory, taking history on its side, states that free trading brings great benefits to consumers, to society in general and, consequently, it would be the best policy for any country; all tog ether, protectionism has always been present on the international economy stage. For the past two centuries, commercial restrictions (financial and unfinancial) have been one of the intense features of the world’s economy. A great paradox of international commerce is that, even if nations want to enjoy the advantages of commercial flows liberalization, they often tend to limit the access to their own markets throughout measures that by their nature vary more and more from the traditional obstructive policies.

Keywords: liberalism; free-trading; protectionism; commerce; comparative advantage (search for similar items in EconPapers)
Date: 2009
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