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- Title
THE ECONOMIC CONSEQUENCES OF STATE TRADING.
- Authors
HUMPHREY, DON D.
- Abstract
The article focuses on several issues related to economic implications of state trading. It is stated that the economic consequences of state trading are found by the price-spread which is created between domestic and foreign markets and by the state-trading price. The article presents a comparison of state trading and free markets, and discusses bargaining power, subsidized state trading and exchange rates. It also presents graphic partial equilibrium analysis which shows the direct economic consequences of state trading.
- Subjects
GOVERNMENT trading; FOREIGN exchange rates; ECONOMIC equilibrium; ECONOMIC stabilization; SUPPLY &; demand; MONETARY policy; COMMERCIAL policy; ECONOMICS; COMMERCE
- Publication
Law & Contemporary Problems, 1959, Vol 24, Issue 2, p276
- ISSN
0023-9186
- Publication type
Article
- DOI
10.2307/1190337