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As suggested in the statistical data demonstrated below, it is evident that globalization and the resulting international trade has embraced countries in different part of
As suggested in the statistical data demonstrated below, it is evident that globalization and the resulting international trade has embraced countries in different part of the world. There is no doubt that trade moves production in all countries toward a more specialized production pattern than would be. Map 1 presents data on the degree of commodity export concentration for several countries. The types of goods exported differ, reflecting the underlying comparative advantage of each country. The degrees of export concentration in this sample indicate that developed and less developed countries possess their comparative advantages in respective products
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