Foreign Investment and the Terms of Trade

Charles R. Whittlesey

The Quarterly Journal of Economics, 1932, vol. 46, issue 3, 444-464

Abstract: Exchange and ultimate effects of foreign investment, 444. — Changes in productivity under simple conditions, 445. — Relation to ratios of productive efficiency, 447. — Changes in productivity under complex conditions, 448. — Distribution of gain from foreign investment, 454. — Significance of diversification, 458. — Linked competition, 461. — Summary of conclusions, 463.

Date: 1932
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