The Method of the Study
Gribbin (1971) reports that 24000 firms were reported to be engaged in exporting in the early 1970s, but the majority was concentrated in the hands of a small fraction of firms. Table 2.1 shows this concentration (source: Trade and Industry 10 May 1973). Half of total exports in 1971 were accounted for by 79 enterprises; 23 firms exporting over £50 million per annum accounted for one-third of total exports while 230 firms accounted for two-thirds of total exports.
KeywordsPrice Policy Total Export Export Price Volatile Exchange Rate Exchange Rate Change
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