John Stuart Mill: Comparative Advantage and the Terms of Trade

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Chapter 6 in Comparative Advantage in International Trade, 1998, pp 104-126 from Edward Elgar Publishing

Abstract: This comprehensive book outlines the theories of trade and the interpretations of comparative advantage associated with, among others, the Mercantilists, Smith, Ricardo, Torrens, Longfield, Mill, Marshall, Pareto, Haberler, Heckscher, Ohlin and Samuelson, as well as present day trade theorists. A chapter is devoted to Hamilton, Rae and List, who interpreted comparative advantage dynamically by advocating its creation.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 1998
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