Comparative advantage is dead? Not at all, Lamy tells Paris economists
2010-04-13 13:24 -WTO Director-General Pascal Lamy debunked some economic myths when he spoke to the Paris School of Economics on 12 April 2010. He covered the theory underpinning trade economics, what trade statistics show, how trade deficits should be tackled, the impact of trade on jobs, the “race to the bottomâ€, and why liberalization needs regulation.