Mansoorian, Arman; Neaime, Simon - Department of Economics, York University - 1996
current account surplus, which will be followed by a deficit. In the opposite case a deficit will be followed by a surplus. … habits develop over the flow of services provided by them, in order to study the effects of tariff protection on the current … account. Durability leads to adjacent substitutability in consumption, while habits are assumed to lead to adjacent …