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The economic borders in the age of globalization

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  • Soproni, Luminita

Abstract

The importance of the economic borders of the nations is diminishing continuously, and this phenomenon is strongly linked to regionalization and globalization. We consider that the starting point of the idea that economic borders (represented by nations’ commercial policies) are irrelevant for the global economic activity is in fact Adam Smith’ theory about the liberty of choice and exchange in the international trade. In order to adapt to the new globalization context, the borders have acquired a dynamic meaning, exceeding its condition of a past world, little interconnected.

Suggested Citation

  • Soproni, Luminita, 2013. "The economic borders in the age of globalization," MPRA Paper 45987, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:45987
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    File URL: https://mpra.ub.uni-muenchen.de/45987/1/MPRA_paper_45987.pdf
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    References listed on IDEAS

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    1. George DeMartino, 2009. "Globalization," Chapters, in: Jan Peil & Irene van Staveren (ed.), Handbook of Economics and Ethics, chapter 25, Edward Elgar Publishing.
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      Keywords

      borders; trade; economic integration; world economy;
      All these keywords.

      JEL classification:

      • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
      • F15 - International Economics - - Trade - - - Economic Integration
      • F5 - International Economics - - International Relations, National Security, and International Political Economy
      • F6 - International Economics - - Economic Impacts of Globalization

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