Internationaleconomicsmiltiadeschacholiadespdf26 ~UPD~
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economic welfare and employs international trade models with flexible prices to ... 3 See Chacholiades (1978) and Dornbusch (1980) for a discussion of the ... (26) where. , ( ). T t. AC h. ′ is the adjustment cost for the foreign-market ... Chacholiades, Miltiades, 1978, International Monetary Theory and Policy (New York:. 32677177fb