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2024
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Manoilescu's Approach of "Losses of Trade": a Ricardian Interpretation Economic Alternatives
year
2018
Issue
1

Manoilescu's Approach of "Losses of Trade": a Ricardian Interpretation

Abstract

This paper contributes to a testament of the conclusions of Manoilescu, the validity of which we test analytically. We develop a model proving that the Manoilescu assumption can be integrated into a Ricardian setting. We find that in some cases, traditional domestic sectors should be protected, even if the law of comparative advantages suggests another solution.

Keywords

theory of protectionism, gains from trade, economic though, Mihail Manoilescu
Download 4_Torre_EAlternativi_en_1_2018.pdf