Kohli, Ulrich - In: International Productivity Monitor 13 (2006) Fall, pp. 46-56
terms of trade and in the real exchange rate (the price of tradables relative to the price of nontradables). Canada has … enjoyed vast improvements in its terms of trade over recent years and there is a growing suspicion that real GDP has done an … measures of the terms of trade and real exchange rate effects confirm this view, with the trading gains adding up to 4.8 per …