Abstract
The final chapter of the book is devoted to an extension of the two-sector model of economic growth to an open economy. We thus consider two countries, denoted as the “home” country (HC) and the “foreign” country (FC, or the rest of the world). The two goods will be, as before, consumption and investment.
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© 1982 Springer-Verlag Berlin Heidelberg
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Ramanathan, R. (1982). International Trade and Economic Growth. In: Introduction to the Theory of Economic Growth. Lecture Notes in Economics and Mathematical Systems, vol 205. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-45541-4_11
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DOI: https://doi.org/10.1007/978-3-642-45541-4_11
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-11943-2
Online ISBN: 978-3-642-45541-4
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