CAJ | 학술논문

在国际经济学中存在着一系列的套利与平价理论，在某种意义上可以说国际经济学就是关于套利与平价的理论体系。本文从一般商品、要素商品和货币商品的套利与平价及相互关系中，得出三个对于理解国际经济学具有重要意义的结论：用一般商品的套利行为解释国际贸易产生的原因；用一般商品、货币商品与短期资本的套利与平价关系解释汇率决定的基础；用长期资本的套利与平价关系解释国际直接投资的原因及效应。
재국제경제학중존재착일계렬적투리여평개이론，재모충의의상가이설국제경제학취시관우투리여평개적이론체계。본문종일반상품、요소상품화화폐상품적투리여평개급상호관계중，득출삼개대우리해국제경제학구유중요의의적결론：용일반상품적투리행위해석국제무역산생적원인；용일반상품、화폐상품여단기자본적투리여평개관계해석회솔결정적기출；용장기자본적투리여평개관계해석국제직접투자적원인급효응。
There are a series of arbitrage and parity theory in international economics. To some extent, international economics is the theoretical system on arbitrage and parity. From the arbi- trage and parity of general commodities, element goods and money commodities and the relation- ship between them, three conclusions of significance for the understanding of international eco- nomics have been drawn up. using the arbitrage of general commodities to explain the cause of the international trade; using the arbitrage and parity relationship of general commodities, money commodities and short-term capital to explain the deciding foundation of exchange rate; using the arbitrage and parity relationship of long-term capital to explain the cause and effect of internation- al direct investment.