Virtual Trade in a Changing World (Cambridge Elements in International Economics) - Softcover

Marjit, Sugata

 
9781009101332: Virtual Trade in a Changing World (Cambridge Elements in International Economics)
Softcover
ISBN 10: 1009101331 ISBN 13: 9781009101332
Publisher: Cambridge University Press, 2023

Synopsis

Virtual economic transactions have radically transformed the way we think about trade and markets in closed and open economies. Continuous decline in costs of information and communications and setting up of phenomenally large number of virtual platforms have brought in 'Time' as an essential element in the discourse on international trade. This work delves deep into the issue of how Time enters as a major catalyst of international trade and virtual transactions. This changes the way we look at ideas of comparative advantage, factor mobility, growth, income distribution, and allied concepts. A key result is that greater physical distance might encourage trade contrary to what we are accustomed to accept.

"synopsis" may belong to another edition of this title.

Publisher
Cambridge University Press
Publication date
2023
Language
English
ISBN 10 
1009101331
ISBN 13 
9781009101332
Binding
Paperback
Number of pages
102