Mahesh K. Chaulagai Ph.D. - In: 2014, Volume 26, Issue 2 26 (2014) 1, pp. 44-57
In the field of international trade, an economy is assumed to be reeling under the 'BLACK HOLE EFFECT' originating from another economy, if all the major variables of in ternational trade, irrespective of in which country they belong to, solely act in the favor of the latter economy. The results...