The Tendency towards Regionalization in International Trade 1928–1956:
Professor Erik Thorbecke's study, here published, continues the empirical work undertaken by Folke Hilgerdt for the League of Nations. It is a study of actual trade and payments derived laboriously from the voluminous statistical data published by national governments and international institut...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Dordrecht
Springer Netherlands
1959
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| Ausgabe: | 1st ed. 1959 |
| Schlagworte: | |
| Online-Zugang: | BTU01 Volltext |
| Zusammenfassung: | Professor Erik Thorbecke's study, here published, continues the empirical work undertaken by Folke Hilgerdt for the League of Nations. It is a study of actual trade and payments derived laboriously from the voluminous statistical data published by national governments and international institutions. The col lection, analysis and interpretation of this mass of data involved much patient industry, but in the process of brooding over the detail a truer understanding of the complex structure of world trade was gained than could be achieved in any other way. Trade of course is nearly always bilateral. When goods are re-exported they are, for the most part, refashioned and changed into essentially new utilities. What is multilateral or bilateral or regional in a system of international trade is the method of payment. The justification for multilateralism is the opportunity it affords for countries to specialize, so that one country may use the foreign exchange earned by its exports to buy imports from a third country. Indeed this statement in terms of countries obscures the ultimate realities. In a free multilateral system it is individuals who import and export. When they can freely buy and sell the foreign exchange acquired or required for their transactions, payments are multilateral and the network of trade extends widely across political boundaries. What Mr. Thorbecke shows is that political controls of pay ments have confined more trade within restricted channels |
| Beschreibung: | 1 Online-Ressource (XIII, 223 p) |
| ISBN: | 9789401510530 |
| DOI: | 10.1007/978-94-015-1053-0 |
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| 520 | |a Professor Erik Thorbecke's study, here published, continues the empirical work undertaken by Folke Hilgerdt for the League of Nations. It is a study of actual trade and payments derived laboriously from the voluminous statistical data published by national governments and international institutions. The col lection, analysis and interpretation of this mass of data involved much patient industry, but in the process of brooding over the detail a truer understanding of the complex structure of world trade was gained than could be achieved in any other way. Trade of course is nearly always bilateral. When goods are re-exported they are, for the most part, refashioned and changed into essentially new utilities. What is multilateral or bilateral or regional in a system of international trade is the method of payment. The justification for multilateralism is the opportunity it affords for countries to specialize, so that one country may use the foreign exchange earned by its exports to buy imports from a third country. Indeed this statement in terms of countries obscures the ultimate realities. In a free multilateral system it is individuals who import and export. When they can freely buy and sell the foreign exchange acquired or required for their transactions, payments are multilateral and the network of trade extends widely across political boundaries. What Mr. Thorbecke shows is that political controls of pay ments have confined more trade within restricted channels | ||
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| edition | 1st ed. 1959 |
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| id | DE-604.BV046872254 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:15:37Z |
| indexdate | 2024-07-10T08:56:09Z |
| institution | BVB |
| isbn | 9789401510530 |
| language | English |
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| spelling | Thorbecke, Erik Verfasser aut The Tendency towards Regionalization in International Trade 1928–1956 by Erik Thorbecke ; edited by J.B. Condliffe 1st ed. 1959 Dordrecht Springer Netherlands 1959 1 Online-Ressource (XIII, 223 p) txt rdacontent c rdamedia cr rdacarrier Professor Erik Thorbecke's study, here published, continues the empirical work undertaken by Folke Hilgerdt for the League of Nations. It is a study of actual trade and payments derived laboriously from the voluminous statistical data published by national governments and international institutions. The col lection, analysis and interpretation of this mass of data involved much patient industry, but in the process of brooding over the detail a truer understanding of the complex structure of world trade was gained than could be achieved in any other way. Trade of course is nearly always bilateral. When goods are re-exported they are, for the most part, refashioned and changed into essentially new utilities. What is multilateral or bilateral or regional in a system of international trade is the method of payment. The justification for multilateralism is the opportunity it affords for countries to specialize, so that one country may use the foreign exchange earned by its exports to buy imports from a third country. Indeed this statement in terms of countries obscures the ultimate realities. In a free multilateral system it is individuals who import and export. When they can freely buy and sell the foreign exchange acquired or required for their transactions, payments are multilateral and the network of trade extends widely across political boundaries. What Mr. Thorbecke shows is that political controls of pay ments have confined more trade within restricted channels International Economics History of Economic Thought/Methodology Political Science International economics Economic history Political science Condliffe, J.B. edt Erscheint auch als Druck-Ausgabe 9789401504249 Erscheint auch als Druck-Ausgabe 9789401510547 https://doi.org/10.1007/978-94-015-1053-0 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Thorbecke, Erik The Tendency towards Regionalization in International Trade 1928–1956 International Economics History of Economic Thought/Methodology Political Science International economics Economic history Political science |
| title | The Tendency towards Regionalization in International Trade 1928–1956 |
| title_auth | The Tendency towards Regionalization in International Trade 1928–1956 |
| title_exact_search | The Tendency towards Regionalization in International Trade 1928–1956 |
| title_exact_search_txtP | The Tendency towards Regionalization in International Trade 1928–1956 |
| title_full | The Tendency towards Regionalization in International Trade 1928–1956 by Erik Thorbecke ; edited by J.B. Condliffe |
| title_fullStr | The Tendency towards Regionalization in International Trade 1928–1956 by Erik Thorbecke ; edited by J.B. Condliffe |
| title_full_unstemmed | The Tendency towards Regionalization in International Trade 1928–1956 by Erik Thorbecke ; edited by J.B. Condliffe |
| title_short | The Tendency towards Regionalization in International Trade 1928–1956 |
| title_sort | the tendency towards regionalization in international trade 1928 1956 |
| topic | International Economics History of Economic Thought/Methodology Political Science International economics Economic history Political science |
| topic_facet | International Economics History of Economic Thought/Methodology Political Science International economics Economic history Political science |
| url | https://doi.org/10.1007/978-94-015-1053-0 |
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