International trade theory implicitly assumes that countries
participating in external trade each have sovereign status. Its
failure to recognise the pervasive importance of colonial trade as
an intermediate stage of external trade development, interposed
between autarky and 'international trade' narrowly defined creates
a serious gap In its explanatory structure and direct
applicability. Anthony John's book is an attempt to examine the
properties of colonial resource management on the process of
territorial specialisation. He considers the implications of such
foreign involvement for the trade patterns which may ensue after
political independence when formal 'international' trade entry is
effected.
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