RDP 9508: Are Terms of Trade Rises Inflationary? Equation (2)

Δ p x =Δ p x * Δe Δ p m =Δ p m * Δe MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacqqHuo arcaWGWbWaaSbaaSqaaiaadIhaaeqaaOGaeyypa0JaeuiLdqKaamiC amaaDaaaleaacaWG4baabaGaaiOkaaaakiabgkHiTiabfs5aejaadw gaaeaacqqHuoarcaWGWbWaaSbaaSqaaiaad2gaaeqaaOGaeyypa0Ja euiLdqKaamiCamaaDaaaleaacaWGTbaabaGaaiOkaaaakiabgkHiTi abfs5aejaadwgaaaaa@4E03@