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The Effects of Exchange Rate Change on the Trade Balance of Slovakia
Cointegration Exchange rate International trade J-curve Trade balance
2016/1/27
This paper empirically investigates the impact of change in exchange rate on export and import flows between Slovakia and its major trading partners. Devaluation or depreciation of a currency worsens ...
Introduction
It is quite incredible that while the negotiations of China’s accession to the World Trade Organisation (WTO) are greatly influenced by the deficit that the United States runs in its tr...