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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (55051)9/16/2009 12:44:48 AM
From: elmatador  Respond to of 218116
 
'inflation of everything we need, and deflation of all that we have",

Someone is coming close to the truth. Yest this is called terms of trade.

Main
relationship between the prices at which a country sells its exports and the prices paid for its imports. If the prices of a country’s exports rise relative to the prices of its imports, one says that its terms of trade have moved in a favourable direction, because, in effect, it now receives more imports for each unit of goods exported. The terms of trade, which depend on the world supply of and demand for the goods involved, indicate how the gains from international trade will be distributed among trading countries. The concept is also applied to different sectors within an economy (e.g., agricultural and manufacturing sectors).

britannica.com



To: TobagoJack who wrote (55051)9/16/2009 12:50:19 AM
From: elmatador  Read Replies (1) | Respond to of 218116
 
The brutality of the odious system is that even if one would accept the terms of trade against him and just try to export it way out of poverty, this course of action would denied.

Why?
Protectionist kept his products out of a given market.
Tariffs and non tariff barriers would inflate the products when it imported into a given market.

To avoid this one country trying to screw another, is that Europe created the EU.



To: TobagoJack who wrote (55051)9/16/2009 8:11:38 AM
From: Cogito Ergo Sum1 Recommendation  Respond to of 218116
 
TJ you might want to wander over to CD's thread and check out the latest half dozen or so posts by russet.. starting around here
Message 25945425

TBS

or this might be easier Member 7284599