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What’s Wrong with Protectionism?

This short book responds to seven common objections to free trade corresponding to the seven sections of this review. It successfully points out the fallacies underlying those objections by introducing theories of free trade and providing examples and statistics correspondingly. In this review, I will summarize some concepts and conclusions that I find most important and interesting. Since the purpose of this book is to counter misconceptions about protectionism, the book emphasizes conceptual works rather than quantitative studies. It clarifies relevant economic concepts and trade theories in the body of each chapter. In the essays following each chapter, applications of those concepts and theories are collected in the form of case studies or extensions.

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