This paper first reviews the trade structure between China and the Republic of Korea (hereafter referred as Korea) and the two countries' international capital flow. Then it discusses the effect of the Federal Reserve rate on UIP in both China and Korea, which turns out to be uninfluential...

The paper investigates interrelations between the dynamics of national central banks' interest rates and international trade within the BRIC countries. It shows that countries with lower interest rates experience growth of the share of machinery industry exports rather than agriculture and food...

The significant expansion of the Colombian open economy during the first thirty years of the century originated on the expansion of the coffee industry, the Panama Reparation, the increase of foreign direct investment and credit obtained abroad. From 1925-1929 alone coffee revenues represented...