Zakaria, Muhammad; Ghauri, Ahmed Bilal - In: Romanian Economic Journal 14 (2011) 39, pp. 201-229
The paper studies the impact of trade openness on real exchange rate in Pakistan using quarterly data for the period 1972 to 2010. The study reveals a significant positive effect of trade openness on real exchange rate. Floating exchange rate system also depreciates the real exchange rate...
