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Relative Price Movements in Dynamic General Equilibrium Models of International Trade

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NBER1992-12-01 更新2025-01-04 收录
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We examine the behavior of international relative prices from the perspective of dynamic general equilibrium theory, with particular emphasis on the variability of the terms of trade and the relation between the terms of trade and net exports. We highlight aspects of the theory that are critical in

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1992-12-01
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