Excel Sheet for Demonstrating the Standard Trade Model
This sheet sets out a general equilibrium models of an autarkic economy, a small open economy, and a two country trading equilibrium. The models are built with a general concave transformation function, and can be used to illustrate concepts such as the effect of terms-of-trade changes, the effect of growth on the terms-of-trade, and so on.
|Date of creation:||09 Nov 2012|
|Date of revision:|
|Contact details of provider:|| Postal: 3565 Old Main Hill, Logan, UT 84322-3565|
Web page: http://huntsman.usu.edu/economicsandfinance/
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