Analyzing Exchange Rate Effects on Trade: Empirical Evidence
Yosri Nasr Ahmed,
Mohamad Alnafissa,
Mosatafa M. Negm
et al.
Abstract:In this study, we aimed to find a fair exchange rate for Egypt, exploring how exchange rate policies affect the country’s economic growth and food security. We also sought to answer an important question for Egyptian policymakers: “Do current exchange rate policies help reduce Egypt’s trade deficit?”. We used two methods in our research: First, we applied the purchasing power parity (PPP) method to determine the equilibrium real exchange rate (ERER). Then, we combined the computable general equilibrium model (… Show more
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