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| Foreign Countries | 1 |
| International Trade | 1 |
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| Journal of Political Economy | 1 |
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| Bernhofen, Daniel M. | 1 |
| Brown, John C. | 1 |
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| Journal Articles | 1 |
| Reports - Research | 1 |
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| Japan | 1 |
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Peer reviewedBernhofen, Daniel M.; Brown, John C. – Journal of Political Economy, 2004
We exploit Japan's sudden and complete opening up to international trade in the 1860s to test the empirical validity of one of the oldest and most fundamental propositions in economics: the theory of comparative advantage. Historical evidence supports the assertion that the characteristics of the Japanese economy at the time were compatible with…
Descriptors: Foreign Countries, International Trade
