ABSTRACT

The principles of the order of liberty remain valid for the citizens of a free society who participate in world trade. In the open economy, the spheres of freedom of four groups of individuals are of direct relevance: first, the sphere of freedom of foreign exporters and importers and of other foreigners (16.1); second, the sphere of freedom of national importers and exporters (16.2); third, the sphere of freedom of entrepreneurs in the national importcompeting industry (16.3); and fourth, the sphere of freedom of other national individuals who are not involved in international trade but might be affected by it in some other way (16.4).