Academic Commons

Articles

Foreign Ownership and the Theory of Trade and Welfare

Bhagwati, Jagdish N.

This paper reconsiders a number of standard topics in the history of international trade by taking explicit account of the distinction between national and aggregate income when fixed supplies of foreign-owned inputs are present within the domestic economy.

Subjects

Files

Also Published In

Title
Journal of Political Economy

More About This Work

Academic Units
Economics
Published Here
November 16, 2012