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Year - Price level China -Price level US- Exchange rate - Real exchange rate

1997 100.0 100.00 0.12 0.12

1998 99.20 101.55 0.12 0.117

1999 97.81 103.77 0.12 0.113

2000 98.20 107.27 0.12 0.110

2001 98.91 110.29 0.12 0.108

2002 98.16 112.05 0.12 0.105

2003 99.30 114.62 0.12 0.104

2004 103.17 117.68 0.12 0.105

2005 105.03 121.65 0.12 0.104

All else being equal, what would be the predicted consequences of the change in the real exchange rate from 1997 to 2005 for china's net exports and official foreign exchanges reserves?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91725361

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