The article looks at how the current account and relative prices like terms of trade and real exchange rate are connected in emerging economies. The researchers used a new method to account for changes in the data over time. They found that there are unit roots in the series, indicating long-term relationships. The stability test showed that most series were unstable, except for India and Turkey. The cointegration test revealed multiple structural shifts in all cases, but the panel did not show a long-term relationship.