In this thesis, Thailand's comparative advantage and its trade patterns are
analysed, for the years 1975 and 1985.
The marginal domestic resource cost (MDRC) is employed as a measure of
comparative advantage. The MDRC is simply defined as the marginal domestic
resources, measured at social cost, used in the production of an industry in order to
earn or save a unit of foreign exchange. The trade indices, which are the export
performance index and the net trade index, are employed to...[Show more]
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