Liew, Khim-sen; Lim, Kian-Ping; Hussain, Huzaimi - EconWPA - 2003
This study addresses the question of whether exchange rate changes have any significant and direct impact on trade balance. By examining the trade balances between ASEAN-5 countries and Japan for the sample period from 1986 to 1999, this study found that the role of exchange rate changes in...