Routledge Encylopedia of International Political Economy
Publisher: Routledge
Published: April 2001
Language: eng
Format: Hardcover
Number of pages: 10
ISBN-13: 9780415243506
Subjects: International economics; Economics; Encyclopedias; International economic relatio; International economic relations; International relations; Reference
First sentence: ADAM SMITH, among others, asserted the principle that each nation should export those goods in which it possessed 'natural and acquired advantages' in productive EFFICIENCY and should import those goods in which other nations held an advantage in productivity.