IDEAS home Printed from https://ideas.repec.org/a/taf/jeduce/v38y2007i4p452-460.html
   My bibliography  Save this article

Gains From Trade for Nonmaterialists, Environmentalists, and the Overworked

Author

Listed:
  • Christian E. Weber

Abstract

The author proposes an alternative to the traditional definition of the gains from international trade and, hence, an alternative defense of free trade. Rather than showing that free trade allows a country to consume more of all final goods, the author's approach shows that free trade allows a country to consume the same basket of final goods that it would consume in autarchy but at a reduced cost measured in terms of foregone productive resources. Thus, free trade gives a country the option to maintain the same material standard of living that it would have enjoyed in autarchy while enjoying more leisure and using fewer natural resources in production.

Suggested Citation

  • Christian E. Weber, 2007. "Gains From Trade for Nonmaterialists, Environmentalists, and the Overworked," The Journal of Economic Education, Taylor & Francis Journals, vol. 38(4), pages 452-460, September.
    • Handle: RePEc:taf:jeduce:v:38:y:2007:i:4:p:452-460
    DOI: 10.3200/JECE.38.4.452-460
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.3200/JECE.38.4.452-460
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.3200/JECE.38.4.452-460?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jeduce:v:38:y:2007:i:4:p:452-460. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/VECE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.