Abstract of the Chapter V
In this particular chapter, Thomas Friedman questions the necessity of the free trade across the globe and whether it will benefit America as a whole. Basically, he spent a significant amount of time thinking if David Ricardo was right or not. Ricardo, the English economist who lived at the turn of the 18th-19th centuries, described the basics of free trade. This is the beneficial cooperation of two or more countries that are concentrated on the production of goods in which they have a comparative cost advantage. So, the question is if America should keep the principles of free trade ...