The idea is to advance US interests by merging policies on trade, international finance and national security – at the ...

What became known as the “Dixit-Stiglitz” model underpins a huge body of economic theory on international trade, economic growth, and economic geography—a model tapped by Paul Krugman, who won the ...

A bedrock theory in economics has been the theory of comparative advantage, which basically says "free trade among consenting ...

Economic theory is clear on what is likely to happen to a nation when it levies tariffs on its trading partners.

Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both ...

and their implications for the debate on trade liberalization versus protectionism. Paul Krugman, Marc Melitz and Maurice Obstfeld; International Economics: Theory and Policy, 12th edition, Pearson.

Investopedia / Ellen Lindner The supply-side theory is a macroeconomic concept that contends that increases in the supply of goods lead to economic growth. The supply-side theory has been applied ...

In particular, Trump espouses mercantilism, a doctrine popular in the 17th and 18th centuries. Adam Smith’s famous inquiry in ...

He was the other founder of classic economic theory, after Adam Smith ... all of which were part of any fuller understanding of international trade relations at the time. In other words, Ricardo's ...