00661nam a2200085Ia 4500100002300000245010000023260000900123520042400132583001900556 aRamkissoon, Ronald aStrategic trade theory in the context of small, less developed countries : some considerations. c1992 aDiscusses 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. c3/7/00kM2LMGR