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Episode 56: The Gains from Trade

Episode 56: The Gains from Trade

FromThe Science of Everything Podcast


Episode 56: The Gains from Trade

FromThe Science of Everything Podcast

ratings:
Length:
60 minutes
Released:
Dec 27, 2013
Format:
Podcast episode

Description

A discussion of the notion of trade and exchange, including
the purpose of these activities, the gains from trade, and the role of
comparative advantage. I also examine some recent trends in global trade, and
briefly discuss some of the major global trade institutions such as the WTO and
World Bank and their role in attempting to reduce trade barriers. The episode
concludes with a brief discussion of the concept of 'Buy Local'. Recommended
pre-listening is Episode 12: The Price System.
Released:
Dec 27, 2013
Format:
Podcast episode

Titles in the series (100)

Here I discuss a variety of topics in both the natural and social sciences, exploring the many fascinating insights that the scientific method yields about the world around us.