Chapter 1
1. The Land of Punt, described in the chronicles of ancient Egypt, is somewhat of a mystery for we remain uncertain of its exact location. It is generally considered to be located in the regions of Djibouti, Eritrea, Ethiopia, and the Horn of Africa although many modern Egyptologists place it much closer to Egypt.
2. See chapter 7, entitled On Free Trade, in Ricardo (1817).
3. Based on the ratio of merchandise trade (exports and imports combined) to gross domestic product at current prices obtained from the United Nations Statistics Division and the OECD statistical service.
4. An excellent example of this is Elance Inc., which claims to be the world’s leading platform for online employment, helping organizations hire and manage ...
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