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| Author: | Huang, Fuguang |
| Title: | On exchange-rate adjustments and foreign trade (original in Chinese) |
| Journal: | International Economics and Trade Research (c)
1993 : 3, p.19-20 |
| Index terms: | EXCHANGE RATES FINANCIAL CONTROL INTERNATIONAL TRADE CHINA |
| Language: | chi |
| Abstract: | The quantity of import and export commodity changes in accordance with the change of exchange rate and has no direct relations with the normal rate. So expected result usually will not come by means of only increasing the nominal rate. To make the effective rate rise synchronously, the rice of price should be controlled. The policy of adjusting exchange rate should be coordinated with the price policy. |
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