Gillitzer, Christian; Kearns, Jonathan - Reserve Bank of Australia - 2005
decline in world commodity prices relative to manufactured goods prices. The weaker trend appears to be the result of … projections for the terms of trade for the two years to 2005/06 based on commodity price movements to date, the apparent downward … volatility in the export prices of a few key commodity exports. Volatility declined after 1952 due to smaller shocks to the …