11 Aug Classical and Neoclassical trade theory makes the case that free trade can bring a country to an optimum and economically efficient use of its resources
Each posting should be a minimum of three paragraphs. Word totals for each post should be in the 400-500 words range. Whether you agree or disagree, explain why with supporting evidence and concepts from the readings or a related experience. Include a reference, link, or citation when appropriate. please see rubric attached below
Topic: Classical and Neoclassical trade theory makes the case that free trade can bring a country to an optimum and economically efficient use of its resources; and hence is an optimal trade-policy, if the objective is maximizing long term economic growth. There are those who argue that the experience of the Asian Miracle countries, such as Taiwan, South Korea and Singapore verify this argument in the real world. There are others who argue that the experience of these countries cannot be used to verify or support the argument above. Discuss.
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