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Trade liberalization policies and the response of the Equilibrium Real Exchange Rate

Author

Listed:
  • Vusala Jafarova

    (Postgraduate student at the Research Institute of Economic Reforms of the Ministry of Economy of the Republic of Azerbaijan)

Abstract

Theoretically, the real exchange rate should depreciate after a permanent trade liberalization. However. it could appreciate temporarily with a transitory liberalization and there is a little empirical evidence suggesting it exists...

Suggested Citation

  • Vusala Jafarova, 2022. "Trade liberalization policies and the response of the Equilibrium Real Exchange Rate," The Scientific-Analytical Journal "Economic Reforms", Center for Analysis of Economic Reforms and Communication of the Republic of Azerbaijan, vol. 2022(1), pages 22-33, March.
    • Handle: RePEc:azr:reform:v:2022:y:2022:i:1:p:22-33
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    More about this item

    Keywords

    Trade; liberalization policies; GDP; export; import.;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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