Introduction: Bertin – Ohlin, in his famous book inter regional and international trade 1933 criticize the classical theory of international Trade and formulated General Equilibrium Theory called Modern Theory of International Trade or Heckcher- Ohlin
Introduction: David Ricardo a British economist of 19th century analyzed the causes for and the benefit of international trade in terms of comparative cost. David Ricardo agreed with the analyses of Adam Smith that international
Introduction: International trade is trade between different countries of the world. It refers to the exchange of goods and services between one country or region and another. It is also sometimes known as external or
Introduction: International trade is trade between different countries of the world. It refers to the exchange of goods and services between one country or region and another. It is also sometimes known as external or
