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...
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Format: | Others |
Language: | English |
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Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Nationalekonomi
2006
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-589 |