In five pages a book review is presented through a fictionalized situatioin that allows for discussion of economic trade theories to commence. One source is listed in the bibliography.
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trade is the tenant of World Trade Organisation and seen by critics as a licence granting the richer countries an opportunity to exploit the poorer countries. However, the subject is
complex and difficult to understand. Free trade has many advantages, but the arguments used against is are also persuasive. In order to gain a balanced view and make and informed
decision regarding the impact and place of free trade and the role of protectionism In the book Choice: A Fable of Free Trade and Protectionism, Russell Roberts takes us in
a literary journey that is both interesting and informative, explaining the concepts of free trade and protectionism, taking the basis frameworks and explaining them in a way that is understandable
and simple to grasp. The book may be seen as fictionalised kin terms of the presentation, although the theories and ideas are not fictional, but established economic paradigms. The
book is easy to read as it is written in the style of Its A Wonderful Life. Here there is a main character, that may be seen as representative of
the ordinary, all American man, who has doubts. This must be the position of many when confronted with the idea of free trade and the arguments of the protesters. Therefore
our main character, who has doubts may be identified by the lay person, to whom this book is aimed at. The track
of this story is through history, starting back at the nineteenth century looking at what might have been. The book assumes that there is little knowledge on the part of
the reader, and explains the basic terms. Explanations are giving to the definitions of terms such as tariffs, deficits, and many other macro economic terms.