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Special Gains from Trade with Socialist Countries: The Case of Tanzania

  • Manfred Bienefeld

Abstract

Small countries must trade. Technologically backward countries must trade. Hence small technologically backward countries are doubly and critically dependent on trade. The reasons for this are well-known and often deemed obvious. A small country cannot produce all of its requirements as the complexity of its economy grows, and a technologically backward country has much to gain by obtaining access to more advanced technology. Unfortunately, like most simple truths this one needs qualification, and this paper will explore these qualifications in the light of the experience of one small, technologically backward country, Tanzania.

Keywords

Comparative Advantage Trading Partner Export Market Total Export Transfer Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 3.
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    I.B.R.D. The Economic Development of Tanzania John S. Hopkins, Baltimore, 1961, pp. 35 and 331–2.Google Scholar
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    J. F. Rweyemamu, Underdevelopment and Industrialisation in Tanzania, Oxford University Press, Nairobi, 1973, p. 43.Google Scholar
  4. 15.
    J. M. Montias, Central Planning in Poland Yale University Press, New Haven, 1962, p. 99.Google Scholar
  5. 16.
    T. Kiss, International Division of Labour in Open Economies With Special Regard to the CMEA, Akademiai Kiado, Budapest, 1971, p. 251.Google Scholar
  6. 18.
    B. M. Shastitko, and Y. S. Shiryaev, ‘Inter-relations with Non-Socialist Markets’ in T. Kiss (ed.) The Market of Socialist Economic Integration: Selected Conference Papers, Akademiai Kiado, Budapest 1973, pp. 160–2.Google Scholar

Copyright information

© Deepak Nayyar 1977

Authors and Affiliations

  • Manfred Bienefeld

There are no affiliations available

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