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The trading gains resulting from changes in terms of trade or relative prices between tradable and non-tradable goods and services are not captured by standard real GDP (RGDP) calculation. The macroeconomic aggregate that does so is the real gross domestic income (RGDI). The System of National...
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The trading gains resulting from changes in terms of trade or relative prices between tradable and non-tradable goods and services are not captured by standard real GDP (RGDP) calculation. The macroeconomic aggregate that does so is the real gross domestic income (RGDI). The System of National...
Persistent link: https://www.econbiz.de/10012510798