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International Trade: Free, Fair and Open? by Ralph Lattimore, Patrick Love

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2. Growing Grapes in Scotland

Some features of the modern economy, including globalisation and financial crises, have existed for thousands of years. And debates about the best way to handle certain issues have been around for centuries. The same is true for international trade, and many of the analyses and concepts developed in the 1th and 19th centuries still form the basis for the work of today’s trade economists and policy makers. Knowledge of the basic history and ideas that shaped international trade and its study is an asset in any discussion about international economic relations.

By way of introduction…

“Quinquireme of Nineveh from distant Ophir,”

“Rowing home to haven in sunny Palestine,”

“With a cargo of ivory,” ...

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