Economics, Econometrics and Finance
8 years ago

RMB Exchange Rate Volatility Boosts Import and Export Trade in China

1 view
The International Journal of Academic Research in Business and Social Sciences
The Effect of RMB Exchange Rate Volatility on Import and Export Trade in China
Wanhui Jiang

Paper Summary

The study looked at how changes in China's currency exchange rate affect the country's import and export trade. By analyzing data from 1981 to 2012, the researchers found that over the long term, fluctuations in the exchange rate have a positive impact on trade. This means that adjusting the exchange rate to a reasonable level can help boost China's foreign trade in a stable and efficient way.

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