Terms of Trade

  • Ronald Findlay
Part of the The New Palgrave book series (NPA)


The two most basic questions about international trade are: What goods will each country export? and What will be the ratios at which the exports of one country exchange for those of its trading partners?


Real Wage Trading Partner Factor Endowment Export Sector Factoral Term 
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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1991

Authors and Affiliations

  • Ronald Findlay

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