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- W4231773491 abstract "During our studies we have encountered various forms of specialisation. We have seen that even in a primitive society there is specialisation of labour; that firms specialise in sections of an industry; that different parts of the country specialise in what they produce. This principle of specialisation extends to international trade, in that each country dose those things it is best suited to do. Like the small community on its island, this results in a country producing more than it requires of those things it specialises in. This surplus is sold to other countries in exchange for the surplus production of those countries. Consequently, each country gets the goods it wants from the most economical source; that is, from its own production or from another country, as the case may be." @default.
- W4231773491 created "2022-05-12" @default.
- W4231773491 creator A5051246958 @default.
- W4231773491 date "1982-01-01" @default.
- W4231773491 modified "2023-09-28" @default.
- W4231773491 title "Foreign Trade" @default.
- W4231773491 doi "https://doi.org/10.1007/978-1-349-16705-0_10" @default.
- W4231773491 hasPublicationYear "1982" @default.
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