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The new US foreign trade concept

โœ Scribed by Hubertus Adebahr


Book ID
112940956
Publisher
Springer-Verlag
Year
1973
Tongue
English
Weight
404 KB
Volume
8
Category
Article
ISSN
0020-5346

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In Kalecki's outline for a perspective plan a distinction is drawn between demand-determined and supply-constrained industries. Foreign trade operates on a 'vent-for-surplus' principle whereby supply industries are run at full capacity and excess supplies (demands) are exported (imported). This poli