Oil Prices and Terms of Trade : A comparison between Saudi Arabia and the United States

One of the central issues in international macroeconomics is relative price movements and their sources. One such price is the price of crude oil. An increase in oil price leads to a transfer of income from importing to exporting countries through a shift in terms of trade. The general mechanism by...

Full description

Bibliographic Details
Main Author: Mirfacihi, Azar
Format: Others
Language:English
Published: Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Nationalekonomi 2006
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-589