1988•SSRN Electronic JournalOpen access

The Balance of Trade, the Terms of Trade, and the Real Exchange Rate: An Intertemporal Optimizing Framework

Jonathan David Ostry

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Key concepts: Economics, Balance of trade, Exchange rate, Monetary economics, International economics, Balance (ability), Terms of trade, Macroeconomics

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The Balance of Trade, the Terms of Trade, and the Real Exchange Rate: An Intertemporal Optimizing Framework — Research Paper | ScholarLens