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Comparative Advantage in De-Globalisation: Brexit, America First and Africa’s Continental Free Trade Area
Journal of International Trade Law and Policy Pub Date : 2018-03-19 , DOI: 10.1108/jitlp-01-2018-0005
Elimma Ezeani 1
Affiliation  

This paper aims to examine the relevance of the theory of comparative advantage in the present realities of a world undergoing de-globalisation, that is, a retreat from closer integration.,This paper presents eight arguments that analyse the theory as posited by Adam Smith and David Ricardo and that theory remains the underpinnings for trade liberalisation as regulated by the World Trade Organisation (WTO).,The arguments do not contend with the role and achievements of the WTO in the era of globalisation. Rather, these call for an acknowledgement of the changing realities of countries in the face of changes in the political, economic and legal landscapes, across the globe.,This is an original submission by the author.

中文翻译:

去全球化的比较优势:英国脱欧,美国第一和非洲大陆自由贸易区

本文旨在研究比较优势理论在当今世界正在经历全球化的现实中的相关性,即从更紧密的一体化中退缩。本文提出了八个论点,分析了亚当·斯密和亚当·斯密提出的理论。大卫·里卡多(David Ricardo)以及该理论仍然是世界贸易组织(WTO)监管的贸易自由化的基础。这些论点与全球化时代WTO的作用和成就并不相称。相反,这些要求承认面对全球政治,经济和法律格局的变化,各国的现实情况正在发生变化。这是作者的初稿。
更新日期:2018-03-19
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