Download or read book The New Trade Theory and Its Relevance for Developing Countries written by Asad Alam and published by World Bank Publications. This book was released on 1994 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new trade theory provides new rationale for government intervention in trade. But a host of economic and political economy criticisms and certain identifying features of developing countries severely undermine its relevance for developing countries.