ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Unequal Exchange Rejoinder

Arun Bose RANJIT SAU's Reply (September 8) to iny Note (July 21) on his concept of unequal exchange of labour in international trade fails to justify what he had written in his book (1978). In his book he had produced nothing more than a curiousum, or a freakish special case, based on highly restrictive assumptions, which cannot be dropped without killing the result. His attempt in his Reply to claim that this is not so is unconvincing, and has only made matters worse.

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