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This article utilizes a new concept of supply and demand for raw materials. It emphasizes the need for the use of long run economics rather than short run analysis in the determination of a fair price for raw commodities.
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Being confronted with the oil crisis the dependency on foreign raw materials became worthwhile discussing again. Evaluations of certain raw materials indicate a low degree of self-sufficiency in some sectors. This article tries to give a general survey of the situation for the Federal Republic.
Persistent link: https://www.econbiz.de/10011587997
This article offers an interesting survey of the ASEAN countries’ role as raw material suppliers to Western Germany and the EC, its history, present performance and future prospects. Some of this paper’s contents are very informative and surprising indeed.
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