The purpose of this paper is to sketch out what are the consequences of free technology transfer, licensing and foreign direct investment (F.D.I) on the North-South welfare in a two-good, two-country Ricardian model. On the demand side and following the recent reappearance of the homotheticity restriction on consumers preferences, we use a Cobb-Douglas utility function. We show how that the dev...

 Trade liberalization is often the core attention of foreign economic strategies in developing countries. Findings in the literature confirm a significant effect of free trade on developing economies through which the economic sectors benefit from technology transfer and spillovers and increasing production capacities and input productivity leading to international competitiveness. On the other...

This paper examines the composition of trade between the United States and eight Asian Pacific economies from 1962 to 1992. Analysis of the time series pattern of individual commodities at the SITC four-digit level reveals economically significant changes in the pattern of trade, reflecting changing comparative advantage based on changing factor proportions, technology transfer and product cycl...

Technology spillover from trade channel is important. Absorbing foreign technology by the channel of importation and using the latent technology in those products create export development, increase the quality and quantity of manufactured goods, and modify management, technology improvements and production of goods with high added value; this might favorise optimal allocation of resources. Imp...