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INTERNATIONAL ASPECTS OF INFLATION
THE HIDDEN ECONOMY AND THE NATIONAL ACCOUNTS
THE WORLD CURRENT ACCOUNT DISCREPANCY
activities actual adjustments amounted appear assumed average balance of payments Canada changes coefficients commodity competitive competitors consumer prices costs cover current account demand detailed determination developments discrepancy dollar domestic effects elasticity employee equations estimates evidence exchange rate exchange-rate expenditure export extent figures fleets foreign France Germany given hidden economy illegal impact import prices included income increase indices industry inflation International Investment income invisibles Italy Japan kind labour less major manufacturing measured million monetary months movements national accounts noted OECD countries official OPEC output period port positive probably production profit ratio receipts recent recorded reflected relative rise sector share shown in Table sources statistics suggests supply theft trade Trade balance transactions transfers transportation trend United Kingdom value added wage wholesale prices