A curve showing, for a two-good model, the quantity of one good that a country will export (or "offer") for each quantity of the other that it imports. Also called the reciprocal demand curve, it is convenient for representing both exports and imports in the same curve and can be used for analyzing tariffs and other changes.
Related information about offer curve:
- Offer curve - Wikipedia, the free encyclopedia
In economics and particularly in international trade, an offer curve shows the quantity of one type of product that an agent will export ("offer") for each quantity of ...
- International Economics Glossary: Offer Curve Diagram
X, Y, Quantities of goods X and Y. OA, OB, Initial offer curves of countries A and B . OA', OB', Offer curves of countries A and B after shock. OT, OT', Price lines for ...
- Offer Curves
The offer curve is an alternative way to describe an individual's demand ... The offer curve is generally well-defined for any number of goods, but we want to ...
- What is offer curve? definition and meaning
Definition of offer curve: A curve showing, for a two-good model, the quantity of one good that a country will export (or offer) for each quantity of the other that it ...
- Offer Curve - Dictionary Definition of Offer Curve
Definition: Definition of Offer Curve: Consider an agent in a general equilibrium ( e.g., an Edgeworth box). Assume that agent has a fixed known budget and ...
- Notes on Offer Curve/Core - MyWebSpace
Dec 4, 2007 ... 1 Offer Curve and Core: typical question!solution. The assumptions of typical offer curve/contract curve problems are as follows. Pure exchange ...
- The Ricardian Trade Model
However, it is more convenient to express the offer curve in terms of traded goods . Instead of using the above origin (0) in Figure 17a, one can use the free trade ...
- Derivation offer curve
INTERNATIONAL ECONOMICS: THEORY, APPLICATION, AND POLICY; Charles van Marrewijk, 2006; 1. Derivation of the offer curve. X. Y. 0. px/py 2 ...