Making the Sale: Proposals, Shipping, Payment, and Trade Finance

  • Raymond A. Hopkins
Chapter

Abstract

As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.

Copyright information

©  Raymond A. Hopkins 2017

Authors and Affiliations

  • Raymond A. Hopkins
    • 1
  1. 1.ChandlerUSA

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