Food Trade Balances and Unit Values: What Can They Reveal About Price Competition?
Mark Gehlhar and Daniel Pick
Elsewhere No. (0224),
September 2002
This paper examines the effectiveness of unit values as proxies for international prices in trade markets. The results indicates that often unit values do not predict the expected directions of trade flows.
Keywords: Unit values, price competition, and prices
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Updated date: September 2002
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