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Competitiveness and Integration through Trade in CEMAC Countries: Comparative Advantage and Contribution to the Trade Balance

In: Regional Integration and Trade in Africa

Author

Listed:
  • Joseph Parfait Owoundi

Abstract

Given ideal conditions of fair competition without political pressure, David Ricardo1 showed that all countries, even the least competitive, have an interest in joining the game of international trade and specializing in types of production where their relative advantage is greatest, or their disadvantage smallest.

Suggested Citation

  • Joseph Parfait Owoundi, 2015. "Competitiveness and Integration through Trade in CEMAC Countries: Comparative Advantage and Contribution to the Trade Balance," Palgrave Macmillan Books, in: Mthuli Ncube & Issa Faye & Audrey Verdier-Chouchane (ed.), Regional Integration and Trade in Africa, chapter 1, pages 17-30, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-46205-3_2
    DOI: 10.1057/9781137462053_2
    as

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