Effecitive Extrange Rate and International Trade
Shen Li, Liping Xu
Available Online November 2012.
- https://doi.org/10.2991/citcs.2012.229How to use a DOI?
- Exchange rate, Foreign trade, real effective exchange rate
- In 2005 China began to implement a managed floating exchange rate system on the basis of market supply and demand with reference to a basket of currencies. since 2010, the RMB exchange rate began to appreciate sharply, till now, the pressure of RMB appreciation is still huge, and has great impact on foreign trade. This paper made a empirical reasearch on the impact of effective exchange rate on Zhejiang international trade. We employed the general export model, exports of ordinal trade model, processing export model, results show that the real effective exchange rate of RMB devaluation will not only promote Zhejiang international trade, but also decrease international trade.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Shen Li AU - Liping Xu PY - 2012/11 DA - 2012/11 TI - Effecitive Extrange Rate and International Trade BT - 2012 National Conference on Information Technology and Computer Science PB - Atlantis Press SP - 901 EP - 903 SN - 1951-6851 UR - https://doi.org/10.2991/citcs.2012.229 DO - https://doi.org/10.2991/citcs.2012.229 ID - Li2012/11 ER -