Abstract
Competitiveness and price elasticities of external trade, by Jean Math is. Competitiveness is a common concept yet not well defined as far as macroeconomics are concerned. The current account balance is an outcome of competitiveness and not a measurement ; in addition it depends on the general macroeconomic equilibrium and not only on competitiveness. A definition of competitiveness is suggested. Then a very simple model is used to isolate a few parameters that can be a measure of competitiveness. Next, the macroeconomic strategy of competitiveness is defined. Attention is paid to the elasticities of import demand and export demand, for those appear to be crucial parameters of competitiveness ; in particular, the question of their variability with relative prices is examined.
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