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Strategic trade theory in the context of small, less developed countries : some considerations.

By:

Ramkissoon, Ronald

Material type: Text

TextPublication details: 1992Action note:

3/7/00 M2LMGR

Summary: Discusses the argument of strategic trade theorists who posit that the present system of industrial organization and world trade is dominated more by scale economies, market imperfections and government intervention than by what the free trade model assumes. Points out that because of the relative size and resources of their foreign conterparts, small LDCs should engage in profit-raising rather than profit-shifting.

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Discusses the argument of strategic trade theorists who posit that the present system of industrial organization and world trade is dominated more by scale economies, market imperfections and government intervention than by what the free trade model assumes. Points out that because of the relative size and resources of their foreign conterparts, small LDCs should engage in profit-raising rather than profit-shifting.

3/7/00 M2LMGR

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