The Structuring of International Economic Relations
The neo-classical models of international trade are based on almost the same assumptions as models of economic market exchange in general: only economic considerations enter the decision-making process and price is the valid expression of the exchange outcome; structural conditions of complete information and reasonable competition are assumed; instantaneous and correct investment, production, and selling adjustments can be made by each producer; no national governments, international and supranational organizations have any influence on international exchange; historical and social constraints and limitations do not structure exchange and interaction opportunities.1 However, current international economic exchange is dominated by large oligopolistic firms, multinational corporations, and state-trading organizations. Discriminating trading arrange-