Over-estimated trade surplus -- On trade surplus from property rights -- Describing China's economic scale -- Foreign trade dependence and trade weighted method -- Standard for assessing exchange rate -- Stabilizing the currency and manipulating the exchange rate -- Origin and development of the...

In this paper, I apply a multivariate Structural Vector Autoregressive (SVAR) and Vector Error correction model (VECM) to analyze short-term and long-term effects of foreign exchange rate on trade balance of Vietnam, using monthly data from 2004-2015. Real effective exchange rate is used to...

China keeps its exchange rate tightly fixed to the dollar. Its productivity growth and trade surplus have been high, and it continues to accumulate large dollar reserves. Many observers take this as evidence that the renminbi is undervalued and should be appreciated to reduce the Chinese trade...