Virtual Trade in a Changing World
Comparative Advantage, Growth and Inequality
Published on 14. September 2023
978-1-009-11500-1 (ISBN)
Description
Virtual economic transactions have radically transformed the way we think about trade and markets in closed and open economies. Continuous decline in costs of information and communications and setting up of phenomenally large number of virtual platforms have brought in 'Time' as an essential element in the discourse on international trade. This work delves deep into the issue of how Time enters as a major catalyst of international trade and virtual transactions. This changes the way we look at ideas of comparative advantage, factor mobility, growth, income distribution, and allied concepts. A key result is that greater physical distance might encourage trade contrary to what we are accustomed to accept.
More details
Series
Language
English
Place of publication
Cambridge
United Kingdom
Illustrations
Worked examples or Exercises
File size
2,07 MB
ISBN-13
978-1-009-11500-1 (9781009115001)
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Schweitzer Classification
Other editions
Additional editions
Sugata Marjit | Gouranga G. Das | Biswajit Mandal
Virtual Trade in a Changing World
Comparative Advantage, Growth and Inequality
Book
09/2023
Cambridge University Press
€24.00
Shipment within 15-20 days
Persons
Content
Preface; 1. Introduction; 2. Theory and Pattern of Virtual Trade; 3. Trade, Growth, and Factor Income; 4. Capital Mobility and Virtual Trade; 5. Conclusion and Road ahead; References.
