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

Maury E. Bredahl and Paul W. Gallagher

Journal of Agricultural Economics Research, 1977, vol. 29, issue 02, 4

Abstract: 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.

Keywords: Agricultural and Food Policy; Agricultural Finance (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:147786

DOI: 10.22004/ag.econ.147786

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