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Effects Of Currency Adjustments Given Free Trade, Trade Restrictions And Cross Commodity Substitution

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  • Bredahl, Maury E.

Abstract

Comparative static models are developed which measure changes in equilibrium prices and quantities traded of an exchange rate change. Effects are determined for a free trade model and compared with that incorporating trade restrictions similar to those employed by the European community. Quantity changes are found to exceed price changes. Exchange rate effects are found to be greater if trade is restricted.

Suggested Citation

  • Bredahl, Maury E., 1976. "Effects Of Currency Adjustments Given Free Trade, Trade Restrictions And Cross Commodity Substitution," Staff Papers 13961, University of Minnesota, Department of Applied Economics.
    • Handle: RePEc:ags:umaesp:13961
    DOI: 10.22004/ag.econ.13961
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    File URL: https://ageconsearch.umn.edu/record/13961/files/21071.pdf
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    References listed on IDEAS

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    1. G. Edward Schuh, 1974. "The Exchange Rate and U. S. Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(1), pages 1-13.
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    Cited by:

    1. Hartmann, M., 1992. "Einfluss alternativen Wechselkursregime auf den internationalen Agrarhandel," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 28.
    2. Devadoss, S., 1985. "The impacts of monetary policies on US agriculture," ISU General Staff Papers 198501010800008837, Iowa State University, Department of Economics.
    3. Conway, Roger K., 1985. "Examining Intertemporal Export Elasticities for Wheat, Corn, and Soybeans: A Stochastic Coefficients Approach," Technical Bulletins 157006, United States Department of Agriculture, Economic Research Service.
    4. Denbaly, Massoud Said Mark, 1984. "U. S. monetary policy and the exchange rate: effects on the world coarse grain market," ISU General Staff Papers 198401010800008753, Iowa State University, Department of Economics.
    5. Orden, David Robert, 1984. "Capital Flows, the Exchange Rate, and Agricultural Commodity Markets," Faculty and Alumni Dissertations 322833, University of Minnesota, Department of Applied Economics.

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