The link between trade and growth
Some questionable assumptions
DOI:
https://doi.org/10.48001/jbmis.2023.1001001Keywords:
Trade growth, assumptions, trade modelsAbstract
It is often assumed that trade would definitely boost economic growth in a country. But the fact is that this seemingly natural correlation may not hold in reality. The paper presents various assumptions that trade models assume but they may not hold good in real world.
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