Research on the choice of RMB exchange rate system——Analysis based on the modified Mundell Fleming model

DOI

10.2991/icassr-15.2016.130How to use a DOI?

Keywords

Mundell-Fleming model the Balance Line of International Payment RMB Exchange Rate System

Abstract

First it analyses whether the Mundell- Fleming model is adapted to China and considers that the slope of balance line of international payment of China should be negative. Then it analyses and compares the advantage and disadvantage between the fixed exchange rate system and the floating one by using the modified Mundell-Fleming model when the economy of China is faced with the external impact, and it considers that floating exchange rate system is better than fixed exchange rate system in China.

Copyright

© 2016, 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/).

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TY  - CONF
AU  - Qing-qing Yang
AU  - Jun Wu
PY  - 2016/08
DA  - 2016/08
TI  - Research on the choice of RMB exchange rate system——Analysis based on the modified Mundell Fleming model
BT  - Proceedings of the 3d International Conference on Applied Social Science Research
PB  - Atlantis Press
SP  - 472
EP  - 474
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.130
DO  - 10.2991/icassr-15.2016.130
ID  - Yang2016/08
ER  -