期刊名称：International Journal of Economics & Management Sciences
电子版ISSN：2162-6359
出版年度：2017
卷号：6
期号：3
DOI：10.4172/2162-6359.1000417
语种：English
出版社：OMICS International
摘要：The paper is about various approaches, which take into account the “World Trade” means Global relationships in between MDCs (more developed countries), and LDCs (less developed countries). Traditional economics (Neo- Classical Economics) debates that free trade in goods combined with free flow of capital will promote efficiency of resources between core and periphery, also improves long-run economic progress in latter. Therefore, the assimilation of less-developed countries into world economy invulnerable-trade and capital flow will par take positive effect. The assimilation in international trade is essential for dynamic development of both core and periphery countries. Because, several countries, which prevail in peripheries are rich in many aspects like labor, raw material, and production of primary products. Being rich in capital and industrialists, core countries provide labor and raw material to peripheries. In this way, the development in the world trade happens through assimilation of core to peripheries countries.
