Virtual Trade in a Changing World : Comparative Advantage, Growth and Inequality Paperback / softback
by Sugata (Indian Institute of Foreign Trade (IIFT), India) Marjit, Gouranga G. (Hanyang University, South Korea) Das, Biswajit (Visva-Bharati University, India) Mandal
Part of the Cambridge Elements in International Economics series
Paperback / softback
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.
Information
-
Less than 10 available - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:75 pages, Worked examples or Exercises
- Publisher:Cambridge University Press
- Publication Date:28/09/2023
- Category:
- ISBN:9781009101332
Information
-
Less than 10 available - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:75 pages, Worked examples or Exercises
- Publisher:Cambridge University Press
- Publication Date:28/09/2023
- Category:
- ISBN:9781009101332
