This article examines the link between relative export, import and domestic goods’ prices and relative wages over the years by empirically testing the Stolper–Samuelson theorem for India. It also examines the role of other factors such as manufacturing trade, liberalization phase,...

The paper examines the impact of trade liberalization on the poor through its impact on prices and incomes. A simple framework is developed which traces the impact of trade liberalization on the poor. Some guidelines are given for making trade work for the poor after identifying how the trade...