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TARIFFS, THE BALANCE OF PAYMENTS, AND THE DEMAND FOR MONEY.

Shows that in a small country the impact of a tariff on the balance of payments depends crucially on the role of relative prices in the demand function for money. Impact of import duty on the balance of payments; Relation between the impact of export and import duties; Re-establishment of a theorem...

Descripción completa

Publicado en:Journal of International Economics Vol. 9; no. 2; pp. 287 - 303
Autor principal: Ruffin, Roy J.
Formato: Artículo
Publicado: Elsevier B.V. May79
Materias:
Balance of payments
Tariff
Demand function
Export duties
Depreciation
Acceso en línea:Ver este registro en EBSCOhost
Sumario:Shows that in a small country the impact of a tariff on the balance of payments depends crucially on the role of relative prices in the demand function for money. Impact of import duty on the balance of payments; Relation between the impact of export and import duties; Re-establishment of a theorem on the equivalence of replacing import with export duties and currency depreciation.