Archive: Robert Higgs

Avatar Robert Higgs is Senior Fellow in Political Economy for the Independent Institute.
Two-way Trade in the “Same” Commodity
The same commodity can be both imported and exported to a single country.
In some economically relevant regard, the product being imported at any particular moment differs from the product being exported from a given country. International trade is much more complex than one might imagine.
Robert Higgs | September 24, 2018