Estimated foreign exchange rate changes would have riskiness with respect to economic predictions and uncertainty with respect to political changes. Under the floating rate system, the political impact and the uncertainty of that impact on exchange rates is reduced. Therefore, although foreign exchange ...
Floating exchange rates may weaken the impact. Even so, a crisis in a systemically important economy will have huge effects. 世界经济绝不可能再吸收一次巨大的通缩冲击。未来几年,中国带来这种冲击的可能性是真实存在的。但一个更长期的问题也出现了:如何让中国融入全球金融体系。经验表明,脆弱的金融系统同时...
The factors which cause a fear of floating are substantial liabilities in foreign currency which become heavier after devaluation, the inflationary impact of a devaluation, latent capital flight and loss of the fragile credibility. The importance of liabilities in foreign currency, the resulting mismatch...
Aristotelous, K. (2002). The impact of the post-1972 floating exchange-rate regime on US exports. Applied Economics, 34: 1627-1632. Aristotelous, K. (2002). The impact of the post-1972 Floating exchange-rate regime on US exports, Applied Economics, 34(13), pp.1627-1632....
In particular, China's import trade from the ASEAN countries is more sensitive to the appreciation of the RMB than the export trade. In the long run, the impact of exchange rate changes on the China-ASEAN Free Trade Area is relatively weak. Keywords: exchange rate shocks, RMB exchange rate...
Since the advent of floating exchange rates in 1973, the literature on the impact of exchange rate uncertainty on the trade flows has been growing rapidly, theoretically and empirically. Both groups support the notion that exchange rate uncertainty measured by a measure of exchange rate volatility ...
The threat of volatility, which is the very nature of floating exchange rates, and the successive devaluations since the new reform program began, necessitates the need for a thorough and continuous evaluation of the impact of the devaluation program as well as the performance of the exchange ...
Floating Exchange RateTrade DeficitExchange rate is an important element of the country's economic health. It is one of the most scrutinized, anatomized and manipulated economic dimension. The purpose of this study is to examine the impact of exchange rate of China on the US trade, employment...
P > exchange rate changes will have a significant impact on the import and export trade of a country. After the lunar new year, the RMB exchange rate against the US dollar generally depreciated. At the same time, the central bank also announced on 15 that the floating range of RMB against...
Difficulty: 2 Medium Topic: The Long Run: Purchasing Power Parity (PPP) Blooms: Understand AACSB: Reflective Thinking Accessibility: Keyboard Navigation 58) The Swiss franc has a floating exchange rate with the U.S. dollar.? Today, the interest rate on one-year Swiss bonds denominated in ...