I am grateful to Professor Scitovsky for a careful reading of my paper and for the thoughtful comments he has chosen to make. I trust that these comments will stimulate further work on the subject. Some of these comments, however, call for discussion.


Exchange Rate Trade Barrier Flexible Exchange Rate Commercial Policy Export Subsidy 


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Copyright information

© The Nobel Foundation 1977

Authors and Affiliations

  • Bela Balassa

There are no affiliations available

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