Earticle

초록

영어

The purpose of this paper is to re-examine the theoretical relationship between the gains from international trade and the terms of trade under free trade system. Marshall defines at earlier stage the terms of trade as the rate of exchange between representative units of a country`s imports and exports. This implies that the terms of trade are a ratio among physical quantities of traded goods. Given free trade, however, the terms of trade change over time, the direction of movement depending on relative prices among traded goods. If the economic growth is unbiased both at home and abroad, the terms of trade will move against the faster-growing country. That is why a country`s growth may actually lower its real income. This has been called immiserizing growth. This paper is, therefore, to review the theoretical relationship between the gains from international trade and the external terms of trade, and the effects on a national economy of the terms of trade. It is divided into two sections. The first deals with the theoretical relationship, the second describes briefly the effects on balance of trade and overseas transfer of domestic products. But this paper is not to elucidate more fully than has been done hitherto. My attempt in this paper is only a step toward a analysis of trade policy and a model-building on the strategy of terms of trade in Korea.

목차

I. 序論
 II. 貿易利益과 交易條件의 關係
  1. 貿易利益의 一般的 槪念
  2. 靜態的 貿易利益과 交易條件
  3. 動態的貿易利益과 交易條件
 III. 交易條伴變動의 影響
  1. 交易條件變動의 意味
  2. 貿易收支에의 效果
  3. 國內生産物의 海外移轉效果
 IV. 結論
 參考文獻
 ABSTRACT

저자

• 徐淙圭 [ 서종규 | 同德女子大學 貿易學科 助敎授 ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  생산성연구: 국제융합학술지 [Productivity Research: An International Interdisciplinary Journal]

• 간기

  격월간

• pISSN

  1225-3553

• 수록기간

  1987~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 325 DDC 330