Article: The advantage to trade.(Free Trade Today & Free Trade Under Fire)(Book Review)

Free Trade Today, Jagdish Bhagwati (Princeton: Princeton University Press, 2002), 137 pp., $24.95 cloth.

Free Trade Under Fire, Douglas A. Irwin (Princeton: Princeton University Press, 2002), 267 pp., $27.95 cloth.

In several respects these two new books by Jagdish Bhagwati and Douglas Irwin are strikingly similar. Each aims squarely to persuade the public that critics misunderstand free trade. Strip away the misconceptions, they argue, and free trade is a wise policy choice for rich and poor countries alike. Both also attempt to reclaim the moral high ground for advocates of free trade by stressing the links between trade and the goods of economic ...

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