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International trade theory has pointed out that factor accumulation could immiserize a country if it is sufficiently biased toward the export sector, or if it is biased toward an importcompeting sector in the presence of tariff protection. This paper analyzes the impact of aid, in the form of an...
Persistent link: https://www.econbiz.de/10014400291
International trade theory has pointed out that factor accumulation could immiserize a country if it is sufficiently biased toward the export sector, or if it is biased toward an import-competing sector in the presence of tariff protection. This paper analyzes the impact of aid, in the form of...
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