Topic > International trade of developing countries - 1140

International trade of developing countries is the classic weak/strong dichotomy, and underdeveloped or developing countries cannot cope with their own efforts alone; the have-nots need the help of those who have. Developed nations trumpet the claim that the answer to developing nations' international trade problems is free or open market activity as opposed to government intervention by developed nation governments. This raises the question of how responsible developed country governments are or should be in supporting the growth of developing countries in international trade markets. Often, protectionist actions by governments of developed nations to improve their international trade activities are the very obstacles faced by developing countries, to the point that developed nations are morally obligated to support developing countries to compensate for the obstacles created. from these same developed countries. countries with tariffs, quotas and other trade barriers. Trade Issues of Developing Countries In addressing the issue “Fair trade: Is it always 'unfair' for developing countries” (Aditya, 2013), Economists have argued that “the implications of fair trade on poverty [ dirty exports and use of child labor] depend on the sources of perverse comparative advantage” (p. 20). While developed countries decry the use of child labor in the garment industry in many developing countries and dirty exports of high-polluting goods such as ferrous and non-ferrous metals, refined petroleum and paper production, the Capital flight from developed countries to these developing economies belies the very criticisms leveled at these industries. As Aditya (2013) points out, “a ban on the use of child labor…half of the document…87). True protection - Concepts and their role in evaluating trade policies in less developed countries. Journal of Development Studies, 23(2), 200-219.Manu, F.A. (2009). Import substitution and export promotion: a continuing dilemma for developing countries. Journal of International Business & Economics, 9(1), 100-104. Oxfam International. (2002). Oxgam annual report. Retrieved from http://www.oxfam.org/en/annual-reports Singh, J. P. (2006). Coalitions, developing countries and international trade: research findings and perspectives. International Negotiation, 11(3), 499-514. doi:10.1163/157180606779 155228Subasat, T. (2009). Do the simultaneous implementation of import substitution and export promotion neutralize each other? Journal Of Developing Areas, 43(1), 45-63.Winham, G. R. (1986). International trade and the Tokyo Round negotiations. Princeton, NJ: Princeton University Press.