Marquez, Jaime; Schindler, John W. - Federal Reserve Board (Board of Governors of the … - 2006
Though China's share of world trade is comparable to that of Japan, little is known about the response of China's trade … to changes in exchange rates. The few estimates available suffer from two limitations. First, the data for trade prices … empirical model explaining the shares of China's exports and imports in world trade in terms of the real effective value of the …