Colonies
- Authors: Fiaschi, D.; Signorino, R
- Publication year: 2015
- Type: Voce (in dizionario o enciclopedia) (Voce in dizionario o enciclopedia)
- OA Link: http://hdl.handle.net/10447/192898
Abstract
The entry discusses David Ricardo's three main analytical arguments related to the colonial issue: i) colonies as a source of new fertile land and therefore as a viable solution to the problem of decreasing returns on domestic land; ii) colonies as possible outlet markets able to absorb domestic excess supply; and, finally, iii) the effects of trade restrictions between a colony and its mother country.