d 2022

Free trade vs. protectionism – the theory of comparative advantage

MACH, Petr

Basic information

Original name

Free trade vs. protectionism – the theory of comparative advantage

Name in Czech

Volný obchod vs protekcionismus - teorie komparativních výhod

Name (in English)

Free trade vs. protectionism – the theory of comparative advantage

Authors

MACH, Petr

Edition

Praha, p. 10-11, Bulletin Konfuciova institutu při VŠFS, 2022

Publisher

VŠFS

Other information

Type of outcome

Popularizing texts and activities

Confidentiality degree

is not subject to a state or trade secret

References:

Marked to be transferred to RIV

No

Organization unit

University of Finance and Administration

Keywords (in Czech)

volný obchod, komparativní výhoda, protekcionismus

Keywords in English

free trade, comparative advantage, protectionism

Tags

Changed: 24/6/2022 14:46, Mgr. Tereza Denišová, DiS.

Abstract

ORIG CZ EN

In the original language

We can observe two opposing tendencies around the world regarding trade – a tendency to liberalize international trade and a tendency to restrict foreign trade. These two tendencies compete with each other for centuries. The Regional Comprehensive Economic Partnership agreement (RCEP) is a major step forward in trade liberalization.

In Czech

Po světě můžeme pozorovat dlouhodobě dvě protichůdné tendence – tendenci k uvolňování mezinárodního obchodu a tendenci k omezování zahraničního obchodu. Tyto dvě tendence spolu soupeří. Asijsko-pacifická dohoda RCEP (Regionální komplexní ekonomické partnerství) je významným pokrokem v trendu liberalizace obchodu.

In English

We can observe two opposing tendencies around the world regarding trade – a tendency to liberalize international trade and a tendency to restrict foreign trade. These two tendencies compete with each other for centuries. The Regional Comprehensive Economic Partnership agreement (RCEP) is a major step forward in trade liberalization.