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Trade in goods

In: Handbook of Globalisation and Development

Author

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  • Kenneth A. Reinert

Abstract

Trade in goods refers to the exchange of tangible and storable items among the countries of the world and, under the right conditions, it provides a number of types of gains from trade. While there has been a great deal of liberalisation in trade in goods, this has been uneven in some specific sectors. It is clear that a number of positive growth and development trajectories have involved exports of goods, but the replication of this pattern by other countries is not always straightforward. Trade in goods has been an integral part of the multilateral trading system, but multilateral negotiations under the Doha Round have been difficult.

Suggested Citation

  • Kenneth A. Reinert, 2017. "Trade in goods," Chapters, in: Kenneth A. Reinert (ed.), Handbook of Globalisation and Development, chapter 2, pages 19-35, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15966_2
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