Three Charts That Explain the TPP Free Trade Deal

Although pacts like the TPP are politically controversial, economists have supported free trade since David Ricardo explained comparative advantage,

The Surprising Reason Your Car Was Made in Mexico

More than its low labor costs, Mexico is attracting car manufacturers away from the U.S. because it has free trade agreements with more than 40 countries.

How the EU is Like a Dysfunctional Family

Like a dysfunctional family with members who dislike each other, the EU stays together because of the benefits of David Ricardo’s comparative advantage.