Exports value to the USA in relation to the nominal exchange rate

In figure 15, the REERs (USA and China) are compared to the evolution of trade for the EU28. If the…

Exports value to the USA in relation to the nominal exchange rate

In figure 15, the REERs (USA and China) are compared to the evolution of trade for the EU28. If the REER is increasing, then the currency gains strength compared to other currencies and the purchasing power of that currency increases.


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