International Trade and Payments

  • Ramesh F. Ramsaran


As indicted in the previous chapter, one of the salient features of the post-war period has been the rapid expansion of international trade. Between 1985 and 1995, for example, the value of world merchandise exports grew from US$1860 billion to around US$5000 billion or by more than 150 per cent.


International Trade Current Account Foreign Exchange World Trade Organization Current Account Deficit 
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Further Reading

  1. Andersen, K. and R. Blackhurst (eds) Regional Integration and the Global Trading System. Harvester/Wheatsheaf, London, 1993.Google Scholar
  2. Baldwin, R. E. and J. D. Richardson, International Trade and Finance, Little Brown and Company, Boston, 1986.Google Scholar
  3. Classens, S. and S. Gooptu, ‘Can Developing Countries Keep Foreign Capital Flowing In’, Finance and Development, Vol. 31 (March 1994), pp. 62–65.Google Scholar
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  9. Host-Marsden, P., Balance of Payments, Its Meaning and Use, IMF, Washington, DC, 1967.Google Scholar
  10. International Monetary Fund, lnternational Capital Movements Under the Law of the International Money Fund, Washington, DC, 1977.Google Scholar
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  12. Kuhn, M. G., Official Financing for Developing Countries, IMF, Washington, DC, 1994.Google Scholar
  13. Mussa, M. et al. (eds) The Future of the SDR in Light of Changes in the International Financial Systems, IMF, Washington, DC, 1996.Google Scholar
  14. Page, S., How Developing Countries Trade, Routledge, London, 1994.CrossRefGoogle Scholar
  15. Parboni, R., The Dollar and its Rivals, NLB and Verso Editions, London, 1981.Google Scholar
  16. Richardson, J. O., Understanding International Economics, Little, Brown and Company, Boston, 1980.Google Scholar
  17. Shiells, C., ‘Regional Trade Blocs: Trade Creating or Diverting’, Finance and Development, Vol. 32 (March 1995), pp. 30–32.Google Scholar
  18. Trebilcock, M. J., The Regulation of International Trade, Routledge, London, 1995.Google Scholar
  19. Whiting, D. P., International Trade and Payments, Macdonald and Evans Ltd., Estover, Plymouth, 1978.Google Scholar

Copyright information

© Ramesh F. Ramsaran 1998

Authors and Affiliations

  • Ramesh F. Ramsaran
    • 1
  1. 1.Institute of International RelationsUniversity of the West IndiesSt AugustineTrinidad

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