交易條件에 관한 小考 = A Study on the Terms of Trade

다국어 초록 (Multilingual Abstract)

Several different concepts of the terms of trade may be distinguished: the gross barter, net barter or commodity, income, single-factoral, double-factoral, real cost, and utility terms of trade.
Despite all the ambiguities obscuring their use, the terms of trade still receive considerable attention in discussions of economic development. This is so not only because the terms of trade have sizeable quantitative significance for most poor countries, but also because they are a convenient indication of the net result of many diverse forces, and may have important welfare implications.
On the other hand, Singer-Prebisch asserted that the terms of trade of underdeveloped country had been deteriorated, but professor Haberler asserted the opposite theory to the former.
Each theorys are looked like the difference of as follows: first, the statistic date could not offer the satisfying answer to the terms of trade of tendency, and much problems are followed in the interpretation.
second, another difference of opinion depends how the period is selected in analyzing the terms of trade.
third, the other different opinion are caused how select the factor which extend the influence in the terms of trade of the primary products and industrial products.
Thus, the direction in the change of the terms of trade is various according to the period, nations and goods, because the terms of trade are decided by an complicated element. To look only at changes in the commodity terms is to neglect the favorable effects of the greater capacity to import through improvement in the income terms and the benefits from the improvement in the single-factoral terms. When it is asserted within this wider analysis, a change in the commodity terms of trade may prove to be of small moment for a developing economy in comparison with the more fundamental changes that have occurred at the same time.

목차 (Table of Contents)

• Ⅰ. 序言
• Ⅱ. 交易條件의 決定理論
• Ⅲ. 開發途上國의 交易條件惡化論
• Ⅳ. 交易條件惡化論에 대한 反論
• Ⅴ. 모델을 통한 交易條件
• Ⅵ. 結言