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Structural changes in world trade since the oil crisis |
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| Authors: | Hajo Hasenpflug Mathias Lefeldt |
| Affiliation: | 1. Hamburg |
| Abstract: | The sudden shock of the fivefold increase of the price of oil in the autumn of 1973 has been reflected since in the world trade by structural changes in its composition by categories of goods and its regional distribution. How has the international trade coped with this shock, and which more recent tendencies can be observed in the structure of world trade, not least as a result of cyclical impulses? |
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