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Published in:
1983 | OriginalPaper | Chapter
The International Sector
Author : D. C. Rowan
Published in: Output, Inflation and Growth
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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So far we have proceeded on the convenient—but entirely unrealistic—assumption that the economy we are studying does not engage in international trade. We now eliminate this assumption and ask in what ways our earlier analysis has to be modified to take account of external transactions.