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Details
Topical Term
INTERNATIONAL DIVISION OF LABOUR
Note
Theory and practice of international planning and agreements by which countries specialize in the production of those commodities for which they have the greatest comparative advantage. Distinguish from DIVISION OF LABOUR
Broader Term
GENERAL INTERNATIONAL TRADE AND TRADE POLICY
Narrower Term(s)
INTERNATIONAL SUBCONTRACTING
See Also
COMPARATIVE ADVANTAGE
FREE TRADE
GLOBALIZATION
INTERDEPENDENCE
PRODUCTION SPECIALIZATION
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