Dynamics of Comparative Advantage and the Resistance to Free Trade

摘要

The income gap between developed and developing countries could narrow if developing countries' economies become more responsive to market forces. Primary manufacturing has become the fastest growing component of many developing countries' export growth. The author cites 26 developing countries which have built industries to produce and export basic manufactures, such as clothing, footwear, furniture, electrical machinery, and nonmetal mineral manufacturing. The United States has an interest in developing countries' economic growth because it can provide much of their rapidly growing food import needs.