Effecitive Extrange Rate and International Trade

DOI

10.2991/citcs.2012.229How to use a DOI?

Keywords

Exchange rate, Foreign trade, real effective exchange rate

Abstract

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.

Copyright

© 2012, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Shen Li
AU  - Liping Xu
PY  - 2012/11
DA  - 2012/11
TI  - Effecitive Extrange Rate and International Trade
BT  - Proceedings of the 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  - 10.2991/citcs.2012.229
ID  - Li2012/11
ER  -