
Swedish economist Staffan Linder
Staffan Linder was a Swedish economist known for his theory of international trade, which suggests that countries tend to specialize in the production of goods and services that match the preferences of their domestic consumers. According to Linder, countries with similar income levels and consumer tastes will develop comparable industries and trade more extensively with each other. This idea emphasizes the importance of consumer demand in shaping global commerce, contrasting with classical models that focus solely on production costs and resource advantages. Linder's insights help explain patterns of trade based on shared preferences and economic development stages.