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  jordan 11 retro Low    7/16(木) 23:32:16 No.20150716233216

And, indeed, in the 1980s when the policy concern was very much one of declining terms of trade there was intense interest in policy initiatives that might enhance Australia international competitiveness.Yet, as economists, we also know that when the terms of trade are rising, especially if they are rising rapidly, a decline in international competitiveness is an expected part of the macroeconomic adjustment process.

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