Thank you Mr Njie, good point!

This is what I would call the middle ground. (trade between the two
countries should be based on the economic concepts of absolute and in some
cases conparative advantages).

Canīt say it more better.

Thanks
Modou


>From: Abdoul Njie <[log in to unmask]>
>Reply-To: The Gambia and related-issues mailing list
><[log in to unmask]>
>To: [log in to unmask]
>Subject: Re: Another Milestone reached - Trade Versus Assistance.
>Date: Tue, 12 Mar 2002 04:29:53 +0000
>
>Joe and Mr. Sidibeh,
>
>I am of the belief that The Gambia needs to apply a mix of both trade and
>assistance.
>
>Clearly we need to refrain from accumulating high debts which only helps in
>putting us in a deeper hole, but I also think that  trade between the two
>countries should be  based on the economic concepts of ABSOLUTE and in some
>cases COMPARATIVE advantages.
>
>I quote:
>
>The idea here is simple and intuitive. If our country can produce some set
>of goods at lower cost than a foreign country, and if the foreign country
>can produce some other set of goods at a lower cost than we can produce
>them, then clearly it would be best for us to trade our relatively cheaper
>goods for their relatively cheaper goods. In this way both countries may
>gain from trade
>
>
>Best Regards,
>
>
>Ablie Njie
>
>
>
>
>
>
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