COMMENT ON "EFFECTS OF AN EXCHANGE RATE CHANGE ON AGRICULTURAL TRADE"

Effects of devaluation are examined for a one-commodity, tworegion case. A percentage change in price of the ()commodity will not exceed a percentage change in the quantity traded of the commodity. A change in quantity traded could be large, even under the assumption that underlying supply and demand relations are inelastic.


Issue Date:
1977-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/147786
Published in:
Agricultural Economics Research, Volume 29, Number 2
Page range:
45-48
Total Pages:
4




 Record created 2017-04-01, last modified 2018-01-22

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