3 ms·
Usually eaten up by the Fisher effect [1] to the extent that it's hard to execute. [1] https://en.wikipedia.org/wiki/International_Fisher_effect https://en.wik
by grenoire 5y ago
Usually eaten up by the Fisher effect [1] to the extent that it's hard to execute.
[1] https://en.wikipedia.org/wiki/International_Fisher_effect https://en.wikipedia.org/wiki/International_Fisher_effect
- midjji 5y agoSingle internal market inflation would be accounted for up to global inflation by this to some extent, but it does nothing for internal market differences. Even if tolls were entirely removed you would buy your rice at the local market, probably at 40x the international price.