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.
Read more about Offer Curve: Offer Curve Described
Famous quotes containing the words offer and/or curve:
“The first lover is kept a long while, when no offer is made of a second.”
—François, Duc De La Rochefoucauld (1613–1680)
“The years-heired feature that can
In curve and voice and eye
Despise the human span
Of durance—that is I;
The eternal thing in man,
That heeds no call to die.”
—Thomas Hardy (1840–1928)