2.1.1. the impact of fluctuations in exchange rate on export activities * The effects of fluctuations in exchange rate on export: When rates fall, the price of the local currency rises, the amount of foreign currency earning from export activities will decrease, the turnover from export activities calculated the local currency was narrow, exports are discouraged or general trend often seen as a motor in export activities. Besides, when rates rise, the price of the local currency dropped to a bright future back open for exporters, due to the amount of foreign currency earning change out a lot more foreign currency, enabled exports growth and development under the condition of input costs export production is not increased correspondingly. * The effects of fluctuations in exchange rate on export structure: As for the export structure, the agricultural commodities, rudimentary processing seem to be more sensitive to any changes in increase and decrease of the exchange rate in comparison with other items such as machinery, petrol etc.The reason is put to account for this problem that is the elasticity of agricultural products, preliminary crude for export price or exchange rate applied is very high, since this the items can be replaced while the elasticity of the hooks, irreplaceable items like gasoline, oil, ... is very low. The exchange rate decrease caused export is relatively expensive, the the item was replaced as the first category is removed from the list using the overseas consumer and this will also disappear in the body export the configuration. Conversely, when rates rise, the structure item exports will likely become more abundant due to compete on price, the increase export earnings caused exporters to diversify the portfolio of ... * The effects of fluctuations in exchange rate on export competitiveness: To compete on price for export, an increase of exchange rate the exchange rate will make this country exports become cheaper prices due to competition, Conversely if the local currency price increase that rate decrease will cause price exports relatively expensive, the competitiveness of the price decline. In the same market if the quality of the goods, the general trend is the same, consumers will use the products cheaper. And assuming the cost of production in the countries of the same coin as equate, the country would have reduced rates for money his country than of the local currency of a larger consumption market the competitiveness of the country's price is higher, the country that has the opportunity to develop more exports. -In summary, of the local currency falling to benefit the export of local currency increase In contrast will be detrimental.-Reducing, increasing rates is reduced, increasing the nominal exchange rate, not actual rates, so if a falling exchange rate which still resulted in a lower nominal rates of real exchange rates, the local currency was still viewed as a higher valuation of the real value, export-driven effects will no more.
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