文档介绍：Chapter 11 international trade and economic development 国际贸易与经济发展
Main points of this chapter:
the importance of trade to development
(贸易对发展的重要性)
import substitution versus export orientation
(进口替代与出口导向)
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11. 2 the importance of trade to development
Traditional static trade theory is irrelevant to
the development process to some extent.
Therefore, developing nations are not necessarily or always relegated by traditional trade theory to export mostly modities and import mostly modities.
trade theory and economic development
贸易理论与经济发展
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lead to the full utilization of underemployed
domestic resources.
expand the size of the market, make economies
of scale.
transmit new technology and new managerial skills.
stimulate the international flow of capital from
developed to developing nations.
antimonopoly weapon
the contribution of trade to development
贸易对发展的贡献
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11. 5 import substitution versus export orientation
进口替代与出口导向
import-substitution industrialization (ISI):the industrialization policy that many developing nations followed during the 1950s,1960s,1970s involving the replacement of imports of industrial goods with domestically produced goods.
进口替代产业化:一国在国内生产,同时也从国外进口的商品,这是因为生产的不完全专业化所致。
export-oriented industrialization:the policy of industrialization pursued by some developing nations that involves increasing the output of manufactured