International Trade
Strange, Susan. In Money and Trade (A Background Special), edited by Wilfrid Eady, Bertrand Jouvenel, Susan Strange, 53-77. London: Batchworth Press, 1955.
Foregrounding the role of technology in the development of international trade, Strange discusses the difference between the theory of free trade and the actual patterns (and barriers) to international trade in the 1950s. This leads her to emphasise balance of payments problems linked to international monetary flows and political barriers to freer trade. Firmly arguing that expanding international trade will aid the poorest, Strange stresses the need for the rich countries to exploit their knowledge resources and allow manufacturing to progressively move to the under-developed areas of the international system.
Keywords: Knowledge; Money and Finance; Trade; Knowledge Production; Technology
Contributor(s): Susan Strange, , Editor: Bertrand Jouvenel and Editor: Susan Strange Keywords: Knowledge, Money and Finance, Trade, 1950's and earlier Source and Medium: Book Chapter
Year of Publication: 1955