8. The current account and the terms of trade (following Obstfeld 1996a). In a small open economy...
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8. The current account and the terms of trade (following Obstfeld 1996a). In a small open economy the representative individual maximizes I 8 s= B-1 (XM-Y)1-1/ 1-1/0?
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Foundations Of International Macroeconomics
ISBN: 9780262150477
1st Edition
Authors: Maurice Obstfeld, Kenneth S. Rogoff
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