The opposition to a liberal stance on imports of manufactures from developing countries is growing as certain specific groups of products made in these countries prove increasingly competitive and the industrialized countries suffer from persistent high unemployment. Model computations for the...

All developed market economies have, during the last two decades, suffered serious structural difficulties in their economies, due, in part, to increasing LDC competitiveness in the production of manufactured goods. Most developed countries have reacted by adopting measures aimed at...