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Recent Trends in World Trade

In: International Trade Theory in a Developing World

Author

Listed:
  • A. Maizels

    (National Institute of Economic and Social Research)

Abstract

The principal aim of this paper is to highlight some of the major trends in the pattern of world trade over the past decade, with special regard to the trading relationships between the industrial countries and the primary-producing areas. The latter group should, more strictly, be called the ‘primary-exporting’ countries, since it includes countries — like Australia and New Zealand — whose economies are now largely industrialized, as well as mainly agricultural economies, like the poorer, under-developed countries. Industrial countries, in this context, include Japan with a relatively low national income per head.

Suggested Citation

  • A. Maizels, 1963. "Recent Trends in World Trade," International Economic Association Series, in: Roy Harrod & Douglas Hague (ed.), International Trade Theory in a Developing World, chapter 0, pages 31-51, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-349-08458-6_2
    DOI: 10.1007/978-1-349-08458-6_2
    as

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