Economic Growth and International Trade

Ali M. El-Agraa
Additional contact information
Ali M. El-Agraa: University of Leeds

Chapter 12 in International Trade, 1989, pp 194-201 from Palgrave Macmillan

Abstract: Abstract The topic of economic growth and international trade tries to tackle such interesting questions as: what causes economic growth? what is the effect of economic growth on the pattern and composition of international trade? does a country share the benefits of its economic growth with other countries, i.e. does economic growth affect the terms of trade (t/t)? if economic growth does affect the t/t adversely, it is possible for the t/t effect to outweigh the benefits of economic growth, i.e. it is possible for a country to end up worse off as a result of economic growth? does international trade affect economic growth? and all the familiar questions regarding the effects of economic growth on factor payments, income distribution, etc. That is why the topic forms a substantial part of the theory of international trade and a proper analysis of the subject would require a whole book. However, at this level of exposition one can justifiably be highly selective with regard to the issues requiring specific discussion; the purpose of this chapter is, therefore, to do precisely that in a very brief and concise manner.

Keywords: Economic Growth; International Trade; Capita Income; Price Elasticity; Real Income (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10206-8_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349102068

DOI: 10.1007/978-1-349-10206-8_12

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().