Comparative Advantage, Exchange Rates, and G-7 Sectoral Trade Balances /
This paper uses a Ricardian framework to clarify the role of microeconomic and macroeconomic factors governing the time series and cross-section behavior of sectoral trade balances. Unit labor costs and trade balances are calculated for several sectors for the seven major industrial countries. The t...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1994.
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Серія: | IMF Working Papers; Working Paper ;
No. 1994/005 |
Онлайн доступ: | Full text available on IMF |