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Effects Of Currency Adjustments Given Free Trade And Trade Restrictions

Author

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  • Bredahl. Maury E.
  • Womack, Abner W.

Abstract

This paper measures the theoretical impact of exchange rate changes on equilibrium price and quantity. Reduced form impacts (changes in equilibrium values) are restated for the familiar two country-one commodity free trade model. The free trade model is then modified to encompass the trade restrictions of the European Economic Community and reduced form impacts are determined. The results of the free trade model and restricted model are compared.

Suggested Citation

  • Bredahl. Maury E. & Womack, Abner W., 1977. "Effects Of Currency Adjustments Given Free Trade And Trade Restrictions," 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California 283785, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea77:283785
    DOI: 10.22004/ag.econ.283785
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    Keywords

    International Relations/Trade;

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