Titlebook: Studies in the Pure Theory of International Trade; Raveendra N. Batra Book 1973 Raveendra N. Batra 1973 business.international business.in

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Structure of Production in Autarky,sion of the structure of production in a closed economy or autarky. It is this latter question with which the present chapter is concerned. Specifically, we wish to determine the factors which influence commodity prices in the absence of trade.

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978-1-349-01425-5Raveendra N. Batra 1973

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https://doi.org/10.1007/978-1-349-01423-1business; international business; international trade; management; trade

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Gains from Trade,he speciousness of protectionist policies advocated by the Mercantilist School. Adam Smith was among the first to point out the beneficial effects of international trade because it provided expanded opportunities for ‘division of labour’, or for what the modern writers call ‘specialisation’.

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