Titlebook: Economic Development and International Trade; David Greenaway (Professor of Economics) Textbook 1988Latest edition Macmillan Publishers Li

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Macmillan Publishers Limited 1988

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Evaluating the Structure of Protection in Less Developed Countries,firms. As we saw in Chapter 4, at the strategy level the orientation of policy can be described as export-promoting or import-substituting, depending upon whether the net impact of policies is to engender an orientation to the ‘world’ or domestic market.

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https://doi.org/10.1007/978-1-4419-1754-6pread intervention in commodity markets through international commodity agreements and for export diversification, backed by a reformed and more generous International Compensatory Facility in the International Monetary Fund (IMF) or the creation of a new Complementary Financing Facility.

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Trade Performance as an Indicator of Comparative Advantage,e concept remains a product of . economic thought, and the quantification of comparative advantage has proven to be elusive. This chapter focuses on this particular aspect, which is only part of a much larger literature on the subject of comparative advantage.

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