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The Economic Implications of a Complete Free Trade and an Alternative Form of Free Trade in Sugar Through 1980

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  • M. RAQUIBUZZAMAN

    (Graduate School of Cornell University,U.S.A.)

Abstract

In recent years, it has been emphasized by many economists that the less developed countries cannot achieve self-sustaining economic growth unless they are given fair opportunities to sell their exportables in the world market. It is argued that the less developed countries are losing potential investment resources as a result of trade restrictions imposed by the developed countries on primary commodities. Sugar provides an example of a commodity whose free entry into world trade has been restricted by the United States and most of the developed countries of Europe. Sugar is the principle earner of foreign exchange for many developing countries

Suggested Citation

  • M. Raquibuzzaman, 1970. "The Economic Implications of a Complete Free Trade and an Alternative Form of Free Trade in Sugar Through 1980," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 10(3), pages 334-358.
    • Handle: RePEc:pid:journl:v:10:y:1970:i:3:p:334-358
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