Subasat, Turan2023-06-162023-06-1620131024-52941477-2221https://doi.org/10.1179/1024529413Z.00000000044https://hdl.handle.net/20.500.14365/2244This article discusses the limitations of using the deviations in international prices as a measure of unequal exchange. It argues that international prices are formed in a complex manner and lower international prices for low income countries cannot simply be considered as evidence for unequal exchange. The empirical validity of the measure is also questionable.eninfo:eu-repo/semantics/closedAccessDependency TheoryUnequal ExchangePurchasing Power ParityBalassa and Samuelson EffectCan Differences in International Prices Measure Unequal Exchange in International Trade?Article10.1179/1024529413Z.000000000442-s2.0-84885136186