The Choice: A Fable Of Free Trade And Protection by Russell RobertsThe Choice: A Fable Of Free Trade And Protection by Russell Roberts

The Choice: A Fable Of Free Trade And Protection

byRussell Roberts

Paperback | September 28, 2006

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Written as a novel, the book makes the complex concepts, issues and terminology of international trade understandable for students.  Professors complain that their students cannot grasp the nature of how some economic tools are used or how they work in life.  This novel bridges the gap of concepts with applications by use of a fictional story.


David Ricardo comes to life to discuss international trade theory and policy with Ed Johnson, a fictional American television manufacturer seeking trade protection from television manufacturers. Their dialogue is a sophisticated, rigorous discussion of virtually every major issue in trade theory and policy. To illustrate the positive and normative effects of international trade and trade policy, Ricardo takes the reader and Ed Johnson into the future to see an America of free trade and an America of complete self-sufficiency. The fictional element brings these topics to life so that students gain the intuition and understanding of how trade changes the lives of people and the industries they work in. The fundamental intuition of how international markets function including general equilibrium effects and policy analysis is provided.

Title:The Choice: A Fable Of Free Trade And ProtectionFormat:PaperbackDimensions:144 pages, 8.95 × 5.95 × 0.45 inPublished:September 28, 2006Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0131433547

ISBN - 13:9780131433540

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Read from the Book

This sixth edition continues to focus on how nurses can use data from laboratory tests and diagnostic procedures to plan nursing care. One of the strengths of the new edition is an emphasis on evidence-based practice. The extensive reference list for each chapter supports the "best practice" approach based on current literature in the field. Although much has changed in health care since the first edition of this book in 1982, many tests remain the same and some now have expanded use. These new uses are discussed and compared with the past to provide the reader with a historical perspective. Also, for this edition a few old tests were deleted and over 20 new ones added. As before, examples of clinical significance and reference values cover the entire life span from newborns to aged. Two chapters (Chapter 18 and 28) are devoted to the pregnant client. Related tests or procedures are grouped so that common nursing diagnoses can be highlighted. The nursing diagnoses presented in this book are not meant to be used in cookbook form. The nurse can read about the test and possible nursing diagnoses but then must evaluate the actual clinical situation and apply what seems appropriate. The purpose of this book is to make nurses think more, not less. The case studies in Part II give the reader an opportunity to practice interpreting lab data to formulate nursing diagnoses. As health care becomes more and more technical, the multitude of diagnostic procedures and laboratory tests continues to grow. Nurses can become dazzled by the technical details and discouraged about keeping pace with these advances. This book is based on the belief that the nurse's role in relation to diagnostic testing should continue to focus on the human element. Professional nurses are involved in health teaching, client preparation, and assessment for adverse reactions to diagnostic procedures. The pathophysiologic conditions that cause altered laboratory values are explained in an easy-to-understand format. A discussion of usual medical intervention for a particular set of circumstances is included to show how nursing use is related to and yet different from medical use of laboratory data. The independent role of the nurse is emphasized throughout. Each chapter of this book is organized as- an independent study unit complete with objectives, an organizing theme with background information (called an expository organizer), and test questions. The organization and content of the chapters are based on research conducted by the author (Corbett, 1985; Corbett & LaBorde, 1994; Corbett, 1997). This book, meant to be both scholarly and practical, is intended for use in both the academic and the clinical setting. For example: Undergraduate and graduate nursing students can use the book as a textbook in theory classes that integrate laboratory data as one aspect of nursing care. Practicing nurses can use the book to update themselves in specific areas. The content in this book has been used extensively for continuing education courses for RNs. Nurses in clinical settings can use the book as a quick reference. By consulting the index or the listing for each chapter, the nurse can retrieve information about one specific test. It is intellectually challenging to broaden one's knowledge in a field, and in nursing we often have the added benefit of seeing that our increased knowledge is of direct benefit to the client. My enthusiasm and sense of purpose in writing this book stem from my belief that students and practicing nurses will be able to use the practical information in the book to improve the care of many clients. I hope the reader finds the book informative, interesting, and useful in the practice of nursing.

Table of Contents

CHAPTER 1    Minutes of the Heavenly Court: Soul of David Ricardo

CHAPTER 2    The Challenge of Foreign Competition

CHAPTER 3    The Roundabout Way to Wealth

CHAPTER 4    Is Trade Good for America?

CHAPTER 5    Are Manufacturing Jobs Better Than Service Jobs?

CHAPTER 6    Is Outsourcing a Threat to American Prosperity?

CHAPTER 7    Do Tariffs Protect American Jobs?

CHAPTER 8    Tariffs versus Quotas

CHAPTER 9    Road Trip

CHAPTER 10  The Case for Protection

CHAPTER 11  Do Trade Deficits Hurt America?

CHAPTER 12  Fair Trade versus Free Trade

CHAPTER 13  Is Globalization Good for the Poor?

CHAPTER 14  Self-Sufficiency Is the Road to Poverty

CHAPTER 15  The Choice

CHAPTER 16  A Final Word from David Ricardo

CHAPTER 17  Explanations, Sources, and Further Reading

            About the Author