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The Trade Balance in Monetary General Equilibrium (Hardcover)
Loot Price: R2,109
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The Trade Balance in Monetary General Equilibrium (Hardcover)
Series: Routledge Library Editions: Monetary Economics
Expected to ship within 12 - 17 working days
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This title, first published in 1984, is a contribution to applied
international trade theory. The author explores the specification
and estimation of a multisector general equilibrium model of the
open economy. The model is formulated with the aim of assessing
empirically the effects of three key policy variables on trade
flows, domestic prices, and the trade balance. The policy variables
with which the author is concerned are the rate of growth of the
stock of domestic credit, commercial policy, as represented by
tariffs, and, finally, the exchange rate. This title will be of
interest to students of economics.
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