Some empirical and theoretical observations on intra indu...
Ranajoy, Bhattacharyya
INTRODUCTION
1.1 The Perspective
The decade of the 1970s was an important decade for all those who
care to concern themselves with the literature on international trade. It was
during this decade that trade theorists first realized the true significance of
a new type of international commodity transaction (discovered 'accidentally*
during the previous decade) in redefining the causes of international trade.
It also marked the beginning of a ne...