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THE ECONOMIC DEVELOPMENT PROBLEM
RECENT EXPERIENCE OF THE DEVELOPING COUNTRIES
SIMPLE THEORETICAL ANALYSIS OF INTERNATIONAL COM
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analysis assumptions average bauxite buffer stock operations capita income capital centrally planned changes cocoa coffee commodity exports commodity prices consumers copper costs decade deflated price demand curve demand for current devel developed economies developing countries developing nations disturbance term dollar efficiency eight core commodities estimates example function gains growth historical important increase indicated individual inputs integrated interest international commodity agreements international commodity markets international economic order international trade jute lagged long-run marginal market prices maximization millions modities oligopolistic OPEC output overall percent period policies present discounted value price elasticities price instability price stabilization price trends primary commodity production possibility frontier programs pure competition quantity ratio relation relative risk aversion rubber Section secular trend shifts short-run simulations sisal social welfare function substantial sugar supply and demand supply curve terms of trade tion UNCTAD core commodities UNCTAD proposal utility variables wheat