Brakman, Steven (contributor); … - 2005
In the famous debate between Keynes and Ohlin on the transfer problem, the interaction between non-traded goods and … transfer does not affect the donor's terms-of-trade either favourably or unfavourably was also justified. Moreover, Ohlin was … also right in asserting that a transfer tends to lower the price of non-traded goods for the donor and raise them for the …