<p>In short: Yes and due to comparative advantage.</p>

<p>The level of GDP growth gained with opening trade does vary by country and time. I'd suggest Wacziarg &amp; Welch (2008). Trade Liberalization and Growth: New Evidence, World Bank Economic Review, vol. 22(2) for a relatively new study on the subject.</p>

CC BY-SA 3.0
2015-10-12T05:15:05.870Z
2015-10-12T05:20:23.377Z
2015-10-12T05:20:23.377Z
John L.
<p>Is there any confirmed saying on this problem?</p>

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2015-10-12T04:04:16.530Z
https://en.wikipedia.org/wiki/International_trade#Ricardian_model
Jamzy
<macroeconomics><international-trade>
Why is trade openness positively correlated with economic prosperity?
Flying Birds
# Why is trade openness positively correlated with economic prosperity?

(Asked by: username_0 on 2015-10-12)

Is there any confirmed saying on this problem?

**Tags:** macroeconomics, international-trade

> **Comments:**
> **username_1**: https://en.wikipedia.org/wiki/International_trade#Ricardian_model  

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## 1 answers

### Answer by username_2 on 2015-10-12. Score: 1

In short: Yes and due to comparative advantage.

The level of GDP growth gained with opening trade does vary by country and time. I'd suggest Wacziarg & Welch (2008). Trade Liberalization and Growth: New Evidence, World Bank Economic Review, vol. 22(2) for a relatively new study on the subject.


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