computable general equilibrium model연산가능 일반균형 모형
A numerical model of many countries and industries in which prices, trade and output adjust together until markets clear. It is used to compare what a policy such as a tariff would do against a world without it.
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- Korea's steel fell and cars stalled in the year of US tariffs, but exports set a record
Here: the multi-country input-output trade models behind the BIS and IMF estimates of what the 2025 tariffs cost each economy.