Sometimes consumers are prepared to buy products from less developed countries at prices higher than market prices. This kind of trade implies many advantages for some producers of these countries, but it can also cause distortions, sometimes neglected and briefly discussed in this paper, in the price formation mechanism.
Il commercio alternativo
LAVANDA, ITALO
2005-01-01
Abstract
Sometimes consumers are prepared to buy products from less developed countries at prices higher than market prices. This kind of trade implies many advantages for some producers of these countries, but it can also cause distortions, sometimes neglected and briefly discussed in this paper, in the price formation mechanism.
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