International Trade Policy: A Developing-country Perspective
International trade plays a definitive role in the economic growth process. The developing countries accounted for over one quarter of total world trade by value in the early eighties; this proportion declined to a fifth in 1987. The developing countries, except for a handful of them, have made serious and expansive errors in their trade policies. The primary objective of Professor Das is to clear the cobwebs of confusion and misgivings that are only too apparent in the realm of trade policy. The book is addressed to the domestic as well as the international aspects of trade policy in the developing countries. It takes the neoclassical economic philosophic lines and makes an analytical case for free trade with hard-hitting arguments.
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The Contemporary Trade Scenario
Trade Policy and Economic Growth
Developing Countries in the Multilateral Trading
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According action addition adjustment adopted agreement agricultural arrangements Article XIX average barriers become benefits billion capital cent changes competitive concessions Contracting Parties costs decline developing countries distortions domestic economic growth economies effective efficient exchange rate expansion exports factors foreign gains GATT growth rate higher import substitution imports incentives income increased India industrial countries industrialised countries international trade investment issues Japan LDCs leading less liberalisation limited lower major manufactures markets measures multilateral trade negotiations NICs NTBs performance period Preferences present protection quantitative ratio reasons reciprocity reductions regime restrictions Round safeguard savings sectors share significant SOURCE South Korea strategy structure studies subsidies successful Table taken tariff textiles tion trade in services trade policy trade regimes United World Bank world trade