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A Study In The Distribution Of Gains From International Trade, Suhas C. Chakrabartty

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

In order to investigate the phenomenon of the distribution of gains from international trade, Arghiri Emmanuel's ideas are firs t critically discussed, particularly in relation to the traditional Ricardian framework as applied to labor-surplus economics.

It is found that Emmanuel's concept of unequal exchange, which has been termed non-equivalent exchange by Jan Otto Anderson, has certain theoretical drawbacks. In particular, it has been pointed out that the question involved is not one to prove that the poor countries are actually worse off through trade as suggested by Emmanuel. The question involved is rather one of redistribution of gains from trade …