Choice, The: A Fable of Free Trade and Protection by Pearson - Essential Read on Economics and Trade Policies

Choice, The: A Fable of Free Trade and Protection by Pearson - Essential Read on Economics and Trade Policies

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Unlock the World of Economics Through Engaging Storytelling

Targeted towards students and educators alike, this innovative book serves as an essential resource for courses in principles of economics, surveys of economics, international economics, international trade, or managerial economics. It is suitable for all academic levels, with no prior economics knowledge required.

About the Book

Written as a captivating novel, this book demystifies complex concepts, issues, and terminology in international trade. It addresses a common challenge faced by professors: the difficulty students have in grasping how economic tools function in real life. By weaving a fictional narrative, this book bridges the gap between theory and application, making economics approachable and relatable.

Join David Ricardo, a legendary economist, as he engages in a rigorous dialogue with Ed Johnson, a fictional American television manufacturer. Their discussions cover critical aspects of international trade theory and policy, exploring significant issues such as trade protectionism and market dynamics. The narrative takes readers on a journey into the future, illustrating the contrasting scenarios of free trade versus self-sufficiency, thereby providing fundamental insights into how international markets operate.

Key Features

  • Comprehensive Coverage: Every major topic of trade policy is explored, including comparative advantage, dumping, tariffs, optimal tariffs, quotas, trade agreements, and industrial policy.
  • Enhanced Understanding: Fundamental intuition behind standard graphical treatments of international trade and policy is clearly presented, improving students' grasp of comparative advantage, tariffs, and the welfare effects of trade policies.
  • Real-World Applications: The characters in the story bring economic theory to life, showing students how these concepts apply in real-world scenarios.
  • Rich Discussion Topics: Engaging real-world issues are provided for students to explore, making economics enjoyable without compromising rigor.
  • Expanded Discussions: New chapters and sections focus on trade deficits, globalization, outsourcing, and relevant topics like China and India, reflecting their growing importance in today's economy.

This book not only enhances academic understanding but also cultivates a genuine interest in economics. By merging rigorous analysis with engaging storytelling, it offers a unique educational experience that equips students with the necessary tools to navigate the complexities of international trade and policy.

Discover how this innovative approach to economics education can transform your understanding and appreciation of international trade. Whether you are a student or an educator, this book is an invaluable addition to your academic resources.

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Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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