EFFECTS OF AN EXCHANGE RATE CHANGE ON AGRICULTURAL TRADE

William E. Kost

Journal of Agricultural Economics Research, 1976, vol. 28, issue 3, 8

Abstract: A theoretical model is reviewed and used to evaluate the effects of currency devaluation or revaluation on production, consumption, trade, and price in both exporting and importing countries. The model is applied to the effects of devaluation on the agricultural sector, when supply and demand are inelastic. Based on the analysis, devaluation will have only a small impact on agricultural trade. What effect there is will be primarily on price rather than quantity.

Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Date: 1976
References: Add references at CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://ageconsearch.umn.edu/record/147715/files/3Kost_28_3.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:147715

DOI: 10.22004/ag.econ.147715

Access Statistics for this article

More articles in Journal of Agricultural Economics Research from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().