The Determinants of Exports ●×=×(Y",) 7.3) 2003-7-13 6
2003-7-13 6 The Determinants of Exports X=X(Y*,ε) (7.3) (+ ,+)
Figure: The Demand for Domestic Goods and Net Exports Demand DD Domestic demand (C+I+G) output DD Demand AA Imports( e Q) Output
Figure: The Demand for Domestic Goods and Net Exports Demand DD (a) Domestic demand (C+I+G) output DD Demand AA (b) Imports(εQ) Output
Figure: The Demand for Domestic Goods and Net Exports Demand DD ZZ AA Exports(x) Net exports, NX Y Output Trade surplus BC NX Trade defict
Figure: The Demand for Domestic Goods and Net Exports Demand DD ZZ AA (c) C B Exports(X) A Net exports ,NX Y YTB Output Trade surplus (d) YTB BC NX Trade defict