This article researches fluctuation of exchange rate has impacts on China import unit price of soybeans trading to USA, Argentina, and Brazil. Based on yearly and monthly bilateral soybeans trade data from 1999 to 2010, empirical results show that exchange rate is statistically significant to...

This article's focus is on the time adjustment paths of the exchange rate and prices in response to unanticipated monetary shocks. First, we expand the theoretical specification of the overshooting hypothesis by generalizing Dornbusch's model to include a third sector (i.e., agricultural...