International Division Of Labour

International Division Of Labour

International division of labour in Global Commerce Policy

In this regard, a definition of this issue is as follows: the arranging of production processes to promote ever greater specialization of labour, economies of scale and standardized products. The entries on trade policy are here. Its aim is to enable firms to compete through the price mechanism. The international division of labour was originally based on the analogy of dividing the manufacture of a product in such a way that the greatest possible part of it could be produced by cheaper unskilled and semi-skilled labour, but the complexity of many products now produced and traded internationally has greatly undermined this rationale. See also delocalization, globalization, new international division of labour and product cycle theory.[1]

International division of labourin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

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Notes and References

  1. Dictionary of Trade Policy, “International division of labour” entry (OAS)

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Hierarchical Display of International division of labour

Trade > International trade > International trade

Meaning of International division of labour

Overview and more information about International division of labour

For a more comprehensive understanding of International division of labour, see in the general part of the online platform.[rtbs name=”xxx-xxx”]

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Translation of International division of labour

Thesaurus of International division of labour

Trade > International trade > International trade > International division of labour

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