Business History · 1961 · 16 citations · 0 references
Social SciencesEconomicsHistoryEconomic HistoryInternational EconomicsInternational TradeComparative AdvantageIndustrializationEconomic Growth DynamicsEconomic Growth HistoryInternational Trade Economics
‘…economic growth is not to be tackled in terms of closed homogeneous societies. It depends on the experience of a trading area rather than a nation. It is best approached via particular industries and particular products and the income elasticity of demand for those products must be kept firmly in the picture.’ 1 1K. E. Berrill, ‘International Trade and the Rate of Economic Growth’, Economic History Review, XII, 3, 1960, 369.