Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


specialization of labor

New Interpretation of the Classical Interregional and International Trade Theories: Economic Logic vs the Economy

Introduction. This paper offers a new interpretation of the principles of absolute and comparative advantage. Theoretical analysis. The innovation of this study is its attempt to consider the old theories of international trade as the first models of the spatial economy.