Following the smallcountry assumption, prices for imports and exports are determined in the worldmarket, meanwhile prices for domestic goods are determined by supply and demandconditions within domestic markets.
英
美
- 在小國假設下,進(jìn)口品和出口品的價(jià)格由國際市場(chǎng)確定,國內商品的價(jià)格由國內市場(chǎng)的供給和需求唯一確定。 模型采用 CES(constant elasticity of substitution)函數和 CET(constant elasticity transformation)函數假定出口品、出口品、進(jìn)口品與國內商品是不完全替代的。
