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Economic Analysis: Theory and Practice
 

Country’s gains and losses from the foreign trade: Versus classical theory of unequal exchange

Vol. 10, Iss. 34, SEPTEMBER 2011

Available online: 16 September 2011

Subject Heading: THE ANALYSIS OF THE FOREIGN TRADE RELATIONS

JEL Classification: 

Ledeneva M.V. Associate professor of economic sciences, associate professor of chair economics and management, Volzhsky institute of humanities, filial of the Volgograd state university
m_ledenjova@rambler.ru

Generally the country wins when international trade, commodity markets, manufacture and employment is expanded and loses - is narrowed its. Unlike the theory of a nonequivalent exchange the classical theory doesn't consider influence of foreign trade on manufacture, influence of dynamics of the rate of exchange on proportions of a trading exchange, and also loss from intertime trade.

Keywords: trade, prize, loss, exchange, cost, advantage, freedom

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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