The Terms Of Trade

Author : Klaus Dingwerth,Clara Weinhardt
Publisher : Routledge
Page : 204 pages
File Size : 40,5 Mb
Release : 2018-08-30
Category : Political Science
ISBN : 9781351064644

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The Language of World Trade Politics by Klaus Dingwerth,Clara Weinhardt Pdf

Outcomes in major multilateral trade negotiations are conventionally explained as resulting from interests weighted by (trading) power. Offering a different overview of the concepts we use to talk about the international trade regime, this edited collection puts the ideational foundation of world trade politics centre stage, and critically examines the terms in which we make sense of world trade politics. The concepts used to make sense of world trade politics are often employed strategically, making some aspects of reality visible and others invisible. Reflecting upon ten key concepts from ‘trade’ itself to ‘protectionism’ and ‘justice’, this book poses two broad questions: first, how and by whom have the meanings of different terms used to describe, challenge and defend world trade politics been constructed? Second, how have the individual terms changed over time, and with what consequences? The editors and contributors draw on a broad range of theoretical approaches, from post-structuralism or cognitivism to normative theory, shedding new light on why certain trade issues and agendas win out over others, who benefits from the current system of trade governance, and what contemporary challenges the World Trade Organization faces. In doing so, the book speaks to a growing and diverse constructivist literature in International Political Economy. This book will be of interest to scholars, students and policy professionals working within International Relations, International Political Economy and economics.

Author : Alan V Deardorff
Publisher : World Scientific
Page : 616 pages
File Size : 42,7 Mb
Release : 2014-03-24
Category : Business & Economics
ISBN : 9789814518611

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Terms of Trade by Alan V Deardorff Pdf

Have you ever wondered what a term in international economics means? This useful reference book offers a glossary of terms in both international trade and international finance, with emphasis on economic issues. It is intended for students getting their first exposure to international economics, although advanced students will also find it useful for some of the more obscure terms that they have forgotten or never encountered. Besides an extensive glossary of terms that has been expanded about 50% from the first edition, there is a picture gallery of diagrams used to explain key concepts such as the Edgeworth Production Box and the Offer Curve Diagram in international economics. This section is followed by over 30 lists of terms that occur a lot in international economics, grouped by subject to help users find terms that they cannot recall. Prior to an enlarged bibliography is an expanded section on the origins of terms in international economics, which records what the author has been able to learn about the origins of some of the terms used in international economics. This is a must-have portable glossary in international trade and international economics! Contents:Glossary of Terms in International Economics: A-Z0–9Picture Gallery:Edgeworth Production BoxIntegrated World Economy DiagramIS-LM-BP DiagramLerner DiagramOffer Curve DiagramSpecific-Factors ModelTariff in Partial EquilibriumTrade and Transformation Curve DiagramLists of Terms in International Economics by Subject:Arguments for ProtectionCentral BanksCountertradeCountry GroupsCrisesDevelopment BanksEffectsEmpirical FindingsExchange RegimesFragmentation: Terms and TypesGATT and WTO MinisterialsGATT ArticlesIndexesInternational Classification SystemsInternational Commodity Agreements and OrganizationsMembershipsModelsNontariff BarriersOther Nontariff MeasuresParadoxes and PuzzlesPreferential Trading ArrangementsProduct-Specific Agreements, Institutions, and ConflictsRegional Commissions for Economic and Social DevelopmentSpanish Acronyms in International EconomicsTechniques of AnalysisTerms of Trade DefinitionsTheoretical PropositionsTrade DisputesTrade MinistriesTrade RoundsUNCTAD MeetingsUnited Nations OrganizationsUnited States Government Units (Dealing with International Economic Matters)Origins of Certain Key Terms in International Economics Readership: Undergraduates and graduate students in international economics; government and industry personnel related to international economics and finance. Keywords:International Trade;International Finance;International Economics;Trade Theory;Trade PolicyKey Features:A portable reference of concise definitions of key terms in international trade, economics and financeCross reference to terms used in the definitions

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 50,8 Mb
Release : 2024-06-26
Category : Electronic
ISBN : 9789814478953

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Terms of Trade by Anonim Pdf

Author : Charles Poor Kindleberger
Publisher : Unknown
Page : 414 pages
File Size : 46,8 Mb
Release : 1956
Category : Europe
ISBN : UOM:39015011554832

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The Terms of Trade by Charles Poor Kindleberger Pdf

Author : Bertrand Gruss,Suhaib Kebhaj
Publisher : International Monetary Fund
Page : 38 pages
File Size : 45,5 Mb
Release : 2019-01-24
Category : Business & Economics
ISBN : 9781484393857

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Commodity Terms of Trade by Bertrand Gruss,Suhaib Kebhaj Pdf

This paper presents a comprehensive database of country-specific commodity price indices for 182 economies covering the period 1962-2018. For each country, the change in the international price of up to 45 individual commodities is weighted using commodity-level trade data. The database includes a commodity terms-of-trade index—which proxies the windfall gains and losses of income associated with changes in world prices—as well as additional country-specific series, including commodity export and import price indices. We provide indices that are constructed using, alternatively, fixed weights (based on average trade flows over several decades) and time-varying weights (which can account for time variation in the mix of commodities traded and the overall importance of commodities in economic activity). The paper also discusses the dynamics of commodity terms of trade across country groups and their influence on key macroeconomic aggregates.

Author : Martín Uribe,Stephanie Schmitt-Grohé
Publisher : Princeton University Press
Page : 646 pages
File Size : 51,9 Mb
Release : 2017-04-04
Category : Business & Economics
ISBN : 9780691158778

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Open Economy Macroeconomics by Martín Uribe,Stephanie Schmitt-Grohé Pdf

A cutting-edge graduate-level textbook on the macroeconomics of international trade Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced enormous growth over the past several decades. This rigorous and self-contained textbook brings graduate students, scholars, and policymakers to the research frontier and provides the tools and context necessary for new research and policy proposals. Martín Uribe and Stephanie Schmitt-Grohé factor in the discipline's latest developments, including major theoretical advances in incorporating financial and nominal frictions into microfounded dynamic models of the open economy, the availability of macro- and microdata for emerging and developed countries, and a revolution in the tools available to simulate and estimate dynamic stochastic models. The authors begin with a canonical general equilibrium model of an open economy and then build levels of complexity through the coverage of important topics such as international business-cycle analysis, financial frictions as drivers and transmitters of business cycles and global crises, sovereign default, pecuniary externalities, involuntary unemployment, optimal macroprudential policy, and the role of nominal rigidities in shaping optimal exchange-rate policy. Based on courses taught at several universities, Open Economy Macroeconomics is an essential resource for students, researchers, and practitioners. Detailed exploration of international business-cycle analysis Coverage of financial frictions as drivers and transmitters of business cycles and global crises Extensive investigation of nominal rigidities and their role in shaping optimal exchange-rate policy Other topics include fixed exchange-rate regimes, involuntary unemployment, optimal macroprudential policy, and sovereign default and debt sustainability Chapters include exercises and replication codes

Author : Maurice Obstfeld,Kenneth Rogoff
Publisher : MIT Press
Page : 830 pages
File Size : 41,8 Mb
Release : 1996-09-12
Category : Business & Economics
ISBN : 9780262150477

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Foundations of International Macroeconomics by Maurice Obstfeld,Kenneth Rogoff Pdf

Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance. With its clear and accessible style, it is suitable for first-year graduate macroeconomics courses as well as graduate courses in international macroeconomics and finance. Each chapter incorporates an extensive and eclectic array of empirical evidence. For the beginning student, these examples provide motivation and aid in understanding the practical value of the economic models developed. For advanced researchers, they highlight key insights and conundrums in the field. Topic coverage includes intertemporal consumption and investment theory, government spending and budget deficits, finance theory and asset pricing, the implications of (and problems inherent in) international capital market integration, growth, inflation and seignorage, policy credibility, real and nominal exchange rate determination, and many interesting special topics such as speculative attacks, target exchange rate zones, and parallels between immigration and capital mobility. Most main results are derived both for the small country and world economy cases. The first seven chapters cover models of the real economy, while the final three chapters incorporate the economy's monetary side, including an innovative approach to bridging the usual chasm between real and monetary models.

Author : Bertrand Gruss,Suhaib Kebhaj
Publisher : International Monetary Fund
Page : 38 pages
File Size : 52,9 Mb
Release : 2019-01-24
Category : Business & Economics
ISBN : 9781484396421

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Commodity Terms of Trade by Bertrand Gruss,Suhaib Kebhaj Pdf

This paper presents a comprehensive database of country-specific commodity price indices for 182 economies covering the period 1962-2018. For each country, the change in the international price of up to 45 individual commodities is weighted using commodity-level trade data. The database includes a commodity terms-of-trade index|which proxies the windfall gains and losses of income associated with changes in world prices|as well as additional country-specific series, including commodity export and import price indices. We provide indices that are constructed using, alternatively, fixed weights (based on average trade flows over several decades) and time-varying weights (which can account for time variation in the mix of commodities traded and the overall importance of commodities in economic activity). The paper also discusses the dynamics of commodity terms of trade across country groups and their influence on key macroeconomic aggregates.

Author : Lawrence J. Gitman,Carl Mcdaniel,Amit Shah
Publisher : Unknown
Page : 0 pages
File Size : 55,7 Mb
Release : 2023-05-19
Category : Electronic
ISBN : 1998109313

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Introduction to Business by Lawrence J. Gitman,Carl Mcdaniel,Amit Shah Pdf

Author : Pasquale L. Scandizzo,Dimitris Diakosavvas
Publisher : Food & Agriculture Org.
Page : 248 pages
File Size : 47,5 Mb
Release : 1987
Category : Business & Economics
ISBN : 9251025312

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Instability in the Terms of Trade of Primary Commodities, 1900-1982 by Pasquale L. Scandizzo,Dimitris Diakosavvas Pdf

Author : Kyle Bagwell,Robert W. Staiger
Publisher : MIT Press
Page : 244 pages
File Size : 44,5 Mb
Release : 2004-08-20
Category : Business & Economics
ISBN : 0262524341

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The Economics of the World Trading System by Kyle Bagwell,Robert W. Staiger Pdf

World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the primary institution working, through rule-based bargaining, at freeing trade. In this book, Kyle Bagwell and Robert Staiger provide an economic analysis and justification for the purpose and design of the GATT/WTO. They summarize their own research, discuss the major features of the GATT agreement, and survey the literature on trade agreements. Their focus on the terms-of-trade externality is particularly original and ties the book together. Topics include the theory of trade agreements, the origin and design of the GATT and the WTO, the principles of reciprocity, the most favored nation principle, terms-of-trade theory, enforcement, preferential trade agreements, labor and environmental standards, competition policy, and agricultural export subsidies.

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 248 pages
File Size : 41,7 Mb
Release : 2024-02-11
Category : Business & Economics
ISBN : PKEY:6610000529162

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Trade Terms by Fouad Sabry Pdf

What is Trade Terms The terms of trade (TOT) is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. It can be interpreted as the amount of import goods an economy can purchase per unit of export goods. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Terms of trade Chapter 2: Measures of national income and output Chapter 3: Comparative advantage Chapter 4: Purchasing power parity Chapter 5: GDP deflator Chapter 6: Budget constraint Chapter 7: Cost-of-living index Chapter 8: Relative strength index Chapter 9: Real versus nominal value (economics) Chapter 10: Output (economics) Chapter 11: Balassa-Samuelson effect Chapter 12: Price index Chapter 13: Heckscher-Ohlin model Chapter 14: Marshall-Lerner condition Chapter 15: U.S. Import and Export Price Indexes Chapter 16: United States Consumer Price Index Chapter 17: Import Chapter 18: International dollar Chapter 19: Trade bloc Chapter 20: Japan Crude Cocktail Chapter 21: FAO Food Price Index (II) Answering the public top questions about trade terms. (III) Real world examples for the usage of trade terms in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Trade Terms.

Author : Ashok Mitra
Publisher : Routledge
Page : 247 pages
File Size : 55,8 Mb
Release : 2005-08-15
Category : History
ISBN : 9781135781422

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Terms of Trade and Class Relations by Ashok Mitra Pdf

Published in the year 1977, Terms of Trade and Class Relations is a valuable contribution to the field of History.

Author : Nagwa Riad,Mr.Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr.Jarkko Turunen
Publisher : International Monetary Fund
Page : 87 pages
File Size : 53,5 Mb
Release : 2012-01-15
Category : Business & Economics
ISBN : 9781463973100

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Changing Patterns of Global Trade by Nagwa Riad,Mr.Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr.Jarkko Turunen Pdf

Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Author : Fred P. Hochberg
Publisher : Avid Reader Press / Simon & Schuster
Page : 336 pages
File Size : 48,8 Mb
Release : 2021-01-26
Category : Political Science
ISBN : 9781982127374

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Trade Is Not a Four-Letter Word by Fred P. Hochberg Pdf

“A sprightly and clear-eyed testimonial to the value of globalization” (The Wall Street Journal) as seen through six surprising everyday goods—the taco salad, the Honda Odyssey, the banana, the iPhone, the college degree, and the blockbuster HBO series Game of Thrones. Trade allows us to sell what we produce at home and purchase what we don’t. It lowers prices and gives us greater variety and innovation. Yet understanding our place in the global trade network is rarely simple. Trade has become an easy excuse for struggling economies, a scapegoat for our failures to adapt to a changing world, and—for many Americans on both the right and the left—nothing short of a four-letter word. But as Fred P. Hochberg reminds us, trade is easier to understand than we commonly think. In Trade Is Not a Four-Letter Word, you’ll learn how NAFTA became a populist punching bag on both sides of the aisle. You’ll learn how Americans can avoid the grim specter of the $10 banana. And you’ll finally discover the truth about whether or not, as President Trump has famously tweeted, “trade wars are good and easy to win.” (Spoiler alert—they aren’t.) Hochberg debunks common trade myths by pulling back the curtain on six everyday products, each with a surprising story to tell: the taco salad, the Honda Odyssey, the banana, the iPhone, the college degree, and the smash hit HBO series Game of Thrones. Behind these six examples are stories that help explain not only how trade has shaped our lives so far but also how we can use trade to build a better future for our own families, for America, and for the world. Trade Is Not a Four-Letter Word is the antidote to today’s acronym-laden trade jargon pitched to voters with simple promises that rarely play out so one-dimensionally. Packed with colorful examples and highly digestible explanations, Trade Is Not a Four-Letter Word is “an accessible, necessary book that will increase our understanding of trade and economic policies and the ways in which they impact our daily lives” (Library Journal, starred review).