Video Parts (8)
This clip is Part 1 of a 8-part film.
EXPORTS, IMPORTS, DOLLARS, AND GOLD Part 1
Description
INSTRUCTIONAL FILM: Explains classic 'doctrine of comparative advantage.' Dr. John Coleman explains that within U.S. there are differences from area to area in labor supply, geography, technology, resources, and machinery, and that there is continuous flow of goods and services between different local areas, as well as between countries. He explains role of gold in international payments and examines means of easing gold outflow.
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Records of the Agency for International Development
Series
Moving Images Relating to International Development Programs and Activities
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