We shall devote the first part of our concluding remarks to some reflections about trade theory provoked by the conference papers, and even more by the discussion, then we shall attempt some comparison of international trade theory and location theory — one aim being to see what trade theory can learn from location theory — and finally we shall comment on the papers and discussion dealing with development economics.1
KeywordsInternational Trade Transport Cost Location Theory Unskilled Labour Factor Endowment
Unable to display preview. Download preview PDF.
- 4.Isard, W. and Peck, M. J., ‘Location Theory and International and Interregional Trade’, Quarterly Journal of Economics, vol. 68 (February, 1954).Google Scholar