The economic borders in the age of globalization
AbstractThe importance of the economic borders of the nations is diminishing continuously, and this phenomenon is strongly linked to regionalization and globalization. We consider that the starting point of the idea that economic borders (represented by nations’ commercial policies) are irrelevant for the global economic activity is in fact Adam Smith’ theory about the liberty of choice and exchange in the international trade. In order to adapt to the new globalization context, the borders have acquired a dynamic meaning, exceeding its condition of a past world, little interconnected.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 45987.
Date of creation: 2013
Date of revision:
borders; trade; economic integration; world economy;
Find related papers by JEL classification:
- F11 - International Economics - - Trade - - - Neoclassical Models of Trade
- F15 - International Economics - - Trade - - - Economic Integration
- F5 - International Economics - - International Relations, National Security, and International Political Economy
- F6 - International Economics - - Economic Impacts of Globalization
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-13 (All new papers)
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