Competitiveness and Integration through Trade in CEMAC Countries: Comparative Advantage and Contribution to the Trade Balance

Joseph Parfait Owoundi

Chapter 1 in Regional Integration and Trade in Africa, 2015, pp 17-30 from Palgrave Macmillan

Abstract: Abstract Given ideal conditions of fair competition without political pressure, David Ricardo1 showed that all countries, even the least competitive, have an interest in joining the game of international trade and specializing in types of production where their relative advantage is greatest, or their disadvantage smallest.

Keywords: Foreign Direct Invest; Gross Domestic Product; Comparative Advantage; Central African Republic; World Economic Forum (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-46205-3_2

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DOI: 10.1057/9781137462053_2

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