Economics, Econometrics and Finance
4 years ago

New theories shed light on global services trade development mysteries!

SSRN Electronic Journal
Possibilities of the Application of the Selected Theories of International Trade to Explain the Services Trade Development
Dariusz Mongiało

Paper Summary

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The article explores how existing theories of international trade can be used to understand the development of services trade. It focuses on explaining the model of trade in services, which is not well-studied in literature. The researchers selected key theories to analyze this complex issue, aiming to shed light on the growth of services in the global economy.