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- 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 another type of product that it imports. The offer curve was first derived by English economists Edgeworth and Marshall to help explain international trade. The offer curve is derived from the country's PPF. We describe a Country named K which enjoys both goods Y and X. It is slightly better at producing good X, but wants to consume both goods. It wants to consume at point C or higher (above the PPF). Country K starts in Autarky at point C. At point C, country K can produce (and consume) 3 Y for 5 X. As trade begins with another country, and country K begins to specialize in producing good X. When it produces at point B, it can trade with the other country and consume at point S. We now look at our Offer curve and draw a ray at the level 5 Y for 7 X. When full specialization occurs, K then produces at point A, trades and then consumes at point T. The price has reduced to 1 Y for 1 X, and the economy is now at equilibrium. The trade is balanced at the equilibrium. (en)
- 오퍼곡선(offer curve)은 경제학, 특히 국제무역 부문에서 대리자가 수입 대상의 각각의 양의 다른 유형의 제품을 수출(오퍼, offer)하는 상품의 일종의 양을 표현한다. 오퍼커브는 잉글랜드의 경제학자 프랜시스 에지워스와 앨프리드 마셜이 국제 무역의 설명을 돕기 위해 처음 기술한 것이다. (ko)
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- 1869 (xsd:nonNegativeInteger)
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- 오퍼곡선(offer curve)은 경제학, 특히 국제무역 부문에서 대리자가 수입 대상의 각각의 양의 다른 유형의 제품을 수출(오퍼, offer)하는 상품의 일종의 양을 표현한다. 오퍼커브는 잉글랜드의 경제학자 프랜시스 에지워스와 앨프리드 마셜이 국제 무역의 설명을 돕기 위해 처음 기술한 것이다. (ko)
- 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 another type of product that it imports. The offer curve was first derived by English economists Edgeworth and Marshall to help explain international trade. (en)
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- 오퍼곡선 (ko)
- Offer curve (en)
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