中国的汇率政策和亚洲贸易外文翻译.docx

1 本科毕业论文外文翻译 外文题目： CHINA’S EXCHANGE RATE POLICY AND ASIAN TRADE 出 处： New Finance,2009(9) 作 者： Alicia Garcia-Herrero, Tuuli Koivu 原 文 Abstract This paper shows empirically that China’s trade balance is sensitive to fluctuations in the real effective exchange rate of the renminbi. However, the current size of the trade surplus is such that exchange rate policy alone will probably not be able to address the imbalance. The potential reduction in the trade surplus resulting from an increase in the renminbi exchange rate is limited main