The Volume of Foreign Trade and the Level of Income

Abstract

I. Introduction: the problems, 285. — II. The assumptions, 286. — III. Symbolic version, 289. — IV. Graphic presentation, 293. — V. The case of a tariff, 294. — VI. Analysis in terms of money flows, 301. — VII. Comparison with self-help schemes for the unemployed, 302. — VIII. The reasoning applied to two cases: exchange depreciation, 303; a dollar shortage, 305. — IX. Conclusions, 309.