in nominal US dollar (annual average) 4000 - in 1968 US dollar 3500 3000 250 2000 Figure 1.8 Trans-Pacific container freight rates, US$ per FEU, 1968-2019. 9107 2004- S661 9661 0661 9561 T861 0561...

Considering the figure below, please explain the reasons of different movements of

two lines

(nominal and absolute cost of transport).

in nominal US dollar (annual average)<br>4000<br>- in 1968 US dollar<br>3500<br>3000<br>250<br>2000<br>Figure 1.8 Trans-Pacific container freight rates, US$ per FEU, 1968-2019.<br>9107<br>2004-<br>S661<br>9661<br>0661<br>9561<br>T861<br>0561<br>1972-<br>8961<br>

Extracted text: in nominal US dollar (annual average) 4000 - in 1968 US dollar 3500 3000 250 2000 Figure 1.8 Trans-Pacific container freight rates, US$ per FEU, 1968-2019. 9107 2004- S661 9661 0661 9561 T861 0561 1972- 8961

Jun 08, 2022

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in nominal US dollar (annual average) 4000 - in 1968 US dollar 3500 3000 250 2000 Figure 1.8 Trans-Pacific container freight rates, US$ per FEU, 1968-2019. 9107 2004- S661 9661 0661 9561 T861 0561...

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