GUO Bai-chun, LU Ying-xi. Dilemma of WTO Shakes the Basis of Mainstream Economics[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2008, 22(3): 10-12.
Citation:
GUO Bai-chun, LU Ying-xi. Dilemma of WTO Shakes the Basis of Mainstream Economics[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2008, 22(3): 10-12.
GUO Bai-chun, LU Ying-xi. Dilemma of WTO Shakes the Basis of Mainstream Economics[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2008, 22(3): 10-12.
Citation:
GUO Bai-chun, LU Ying-xi. Dilemma of WTO Shakes the Basis of Mainstream Economics[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2008, 22(3): 10-12.
Dilemma of WTO Shakes the Basis of Mainstream Economics
WTO is a major contribution of the Free Trade Theory, but its effects of practic e in history were disappointing. The reason is that the assumption of scarcity- oriented is in conflict with the common sense. And because of this, the mainstre am economics does not explain the dilemma of WTO, such as overproduction and tra de friction.
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