International Economics I Chapter 4 - Lesson 1

This video is about International Trade And Economic Development (Trade Theory and Economic Development, Traditional Trade Theory and Its Implications, Criticism of Traditional Trade Theory by Developing Nations, Dynamic Effects of Trade on Development (G. Haberler, 1963), Alternative Trade Strategies, Outward-Oriented Trade Strategy (Export Promotion), Inward-Oriented Trade Strategy (Import Substitution Industrialization – ISI)) and related topics in detail.