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4Since mosteconomistsagree that internationaltrade is one of the important factors explaining financial crises, it seems natural and logical to ask the reverse question: what are the effects of financial crises on internationaltrade? Surprisingly, little research on this subject has been done. Perhaps the reason is that the answer appears to be obvious. Conventional wisdom would predict that a financial crisis, by bringing about a recession in the macroeconomy, would lead to a dropin imports. Exports, however, may rise because of both a decline in domestic demand and a devaluation of the domestic currency. A weakeningorcollapseofthefinancialsystem,in particularthebanking system, however, might weaken the country’s export capability. Thus, the aggregate effects of a financial crisis on the macro economy are unclear.
人气:305 ℃ 时间:2020-02-02 09:35:53
解答
由于大多数经济学家都认为国际贸易是说明金融危机的重要因素之一,它很自然的和合乎逻辑的要求相反的问题:什么是金融危机对国际贸易的影响?奇怪的是,关于这一问题的研究很少有人来.其中的原因或许是,答案似乎是显而...
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