The Central-American Common Market (Mercado Común Centroamericano - MCC) was established in 1960 and its members are: Costa Rica, EI Salvador, Guatemala, Honduras and Nicaragua. Purpose of this article is meant to be a reflection on these countries' development of their external trade during...

The classic view of the theory of foreign trade that unfettered international exchanges of goods enhance the economic welfare of all participating nations is gaining more and more ground in the discussions about development policy. Since past experience has shown capital aid alone to be...

President Nixon's intention to visit Peking is attracting tremendous interest all over the world. The present article discusses past developments of US/Chinese trade and its possibilities in the future.

Among the many contraints facing all participants in the international division of labour in the present decade, some seem to affect centrally planned economies (CPEs) to a greater extent than other countries. The CPEs' additional problems are due, according to Prof. Winiecki, to specific,...

The Federal Republic of Germany's exports in 1980 represented approximately 23% of GNP. Germany's share of total world exports, however, declined throughout the seventies. What are the factors influencing German export performance? What is the outlook for the future?

When the General Agreement on Tariffs and Trade (GATT) was concluded in the late 1940s, there was hardly any mention of international transactions in services. At that time, the issue of international trade in services was of minor importance. In addition, attention was initially focused on...