International Trade - An Application of Economic Theory

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Focusing on international trade and economic theory, this work examines Free Trade and the implications of tariffs. Hobson discusses key concepts such as the significance of external trade and the dynamics between non-competing groups. His insights challenge classical economic theories and pave the way for modern understandings of trade. This edition includes an excerpt from Lenin's "Imperialism, The Highest Stage of Capitalism," enhancing its appeal to those interested in economic history and theory.