Developing Countries in the Liberalisation of World Trade

David Wall

Chapter Chapter 4 in Towards an Open World Economy, 1972, pp 93-101 from Palgrave Macmillan

Abstract: Abstract In response to a variety of factors, serious inter-governmental discussions got under way at the time of the monetary crisis of of 1971 on how trade between developed countries might be further liberalised. While fresh trade negotiations between developed countries are greatly to be welcomed, it is important that the effects of the resulting liberalisation on the trading interests of less developed countries should be taken into consideration, in order that they might be accommodated. Some aspects of trade liberalisation in the past have tended to harm such interests both relatively and absolutely.

Keywords: Comparative Advantage; World Trade; Trade Liberalisation; Trade Arrangement; Tariff Preference (search for similar items in EconPapers)
Date: 1972
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-01712-6_5

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DOI: 10.1007/978-1-349-01712-6_5

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