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| Author: | Xu, Tianwei |
| Title: | A preliminary analysis of the impact of the change in exchange rates on comparative advantage (original in Chinese) |
| Journal: | International Trade Journal (c)
1994 : 4, p.7-11 |
| Index terms: | EXCHANGE RATES COMPARATIVE ADVANTAGE IMPORTS CHINA |
| Language: | chi |
| Abstract: | Under the condition that both domestic and foreign price level remain unchanged , the devaluation of Renminbi will strengthen home comparative advantage. As a result, the micro adjustment in enterprises and the state macro guidance will make the country's resources flow and reallocated. this paper considers that improving the imports' structure and reducing inflation are the important condition for China to give play to the advantage of exchange rates. |
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