South-South trade has existed for centuries in the form of exchange of commodities (grain, salt and so on) among neighbouring countries and regions. During the colonial epoch South-South trade was extended and transformed to suit the colonial production system; for example trade in raw materials to other locations for refinery or processing. But the main emphasis was on South-North and North-South trade: the classical division of labour, the exchange of raw materials from the South for manufactured goods from the North.
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- Conclusion: Problems and Potentials in South-South Trade
- Palgrave Macmillan UK