Saverio M. Fratini
In his contributions on Ricardo&s;s theory of foreign trade, Christian Gehrke points out – among other issues – that: (i) according to Ricardo, international prices are regulated by the natural prices in the exporting country; (ii) Ricardo&s;s analysis refers to a situation of balanced trade, achieved through adjustments in the purchasing power of money (gold). The present paper focuses on these two points. In so doing, we intend to use, implement, and discuss the model introduced by Gehrke to represent Ricardo&s;s ideas.