real effective exchange rate

简明释义

实际有效汇率

英英释义

例句

1.A rise in the real effective exchange rate 实际有效汇率 can indicate that domestic inflation is outpacing that of trading partners.

实际有效汇率 real effective exchange rate的上升可能表明国内通货膨胀超过了贸易伙伴的通货膨胀。

2.Economists often analyze the real effective exchange rate 实际有效汇率 to assess a country's competitiveness in the global market.

经济学家通常分析实际有效汇率 real effective exchange rate以评估一个国家在全球市场上的竞争力。

3.A lower real effective exchange rate 实际有效汇率 may boost a country's exports by making them cheaper for foreign buyers.

较低的实际有效汇率 real effective exchange rate可能通过使出口商品对外国买家更便宜来促进一个国家的出口。

4.The country's real effective exchange rate 实际有效汇率 has appreciated significantly over the past year, making its exports more expensive.

该国的实际有效汇率 real effective exchange rate在过去一年中显著升值，使其出口变得更加昂贵。

5.Investors closely monitor the real effective exchange rate 实际有效汇率 as it impacts foreign direct investment decisions.

投资者密切关注实际有效汇率 real effective exchange rate，因为它会影响外国直接投资决策。

作文

Understanding the concept of real effective exchange rate is crucial for analyzing a country's economic performance and international competitiveness. The real effective exchange rate (REER) measures the value of a currency against a basket of other currencies, adjusted for inflation differentials. This means that it takes into account not just the nominal exchange rates, but also how much prices have changed in each country over time. To comprehend the importance of the real effective exchange rate, we must first consider what it represents. It reflects the relative purchasing power of a currency compared to others. For instance, if a country's REER increases, it indicates that its goods and services have become more expensive relative to those of other countries. This could lead to a decrease in exports as foreign buyers may turn to cheaper alternatives elsewhere. Conversely, a declining REER suggests that a country's products are becoming relatively cheaper, potentially boosting exports and improving trade balances.The calculation of the real effective exchange rate involves several steps. First, economists collect data on nominal exchange rates and inflation rates from various countries. Then, they adjust the nominal rates by the inflation rates to find the real exchange rates. Finally, these real rates are weighted according to the trade relationships between the countries to arrive at the REER. This complexity makes the REER a more comprehensive indicator than simple exchange rates, which do not account for inflation.One of the key advantages of using the real effective exchange rate is its ability to provide insights into a country's competitiveness over time. For example, if a country experiences high inflation while its trading partners do not, its REER will fall, signaling a potential loss of competitiveness. Policymakers can use this information to make informed decisions regarding monetary policy, trade agreements, and other economic strategies.Moreover, the real effective exchange rate can influence foreign direct investment (FDI). Investors often look at the REER when deciding where to invest their money. A stable or appreciating REER can attract FDI, as it suggests a strong and competitive economy. On the other hand, a depreciating REER may deter investment, as it indicates economic instability or declining competitiveness.In conclusion, the real effective exchange rate is an essential tool for understanding economic dynamics in a globalized world. It provides a clearer picture of a country's economic health and international standing than nominal exchange rates alone. By considering inflation and trade relationships, the REER allows for a more nuanced analysis of competitiveness and can guide policymakers and investors in their decision-making processes. As economies continue to evolve, the importance of the real effective exchange rate will only grow, making it a vital concept for anyone interested in global economics.

理解实际有效汇率的概念对于分析一个国家的经济表现和国际竞争力至关重要。实际有效汇率（REER）衡量一种货币相对于一篮子其他货币的价值，并调整通货膨胀差异。这意味着它不仅考虑名义汇率，还考虑每个国家随时间变化的价格变化。要理解实际有效汇率的重要性，我们首先必须考虑它代表的意义。它反映了一种货币与其他货币的相对购买力。例如，如果一个国家的REER上升，这表明其商品和服务相对于其他国家变得更昂贵。这可能导致出口减少，因为外国买家可能会转向其他地方的更便宜的替代品。相反，REER下降表明一个国家的产品变得相对便宜，可能会推动出口并改善贸易平衡。实际有效汇率的计算涉及几个步骤。首先，经济学家收集来自各国的名义汇率和通货膨胀率的数据。然后，他们通过通货膨胀率调整名义汇率，以找到实际汇率。最后，这些实际汇率根据各国之间的贸易关系加权，以得出REER。这种复杂性使得REER成为一个比简单汇率更全面的指标，后者不考虑通货膨胀。使用实际有效汇率的一个主要优点是它能够提供有关一个国竞争力随时间变化的见解。例如，如果一个国家经历高通货膨胀，而其贸易伙伴没有，其REER将下降，发出潜在竞争力下降的信号。政策制定者可以利用这一信息做出有关货币政策、贸易协议和其他经济战略的明智决策。此外，实际有效汇率还可以影响外国直接投资（FDI）。投资者通常在决定将资金投资于何处时会考虑REER。稳定或升值的REER可以吸引FDI，因为这表明经济强劲且具有竞争力。另一方面，贬值的REER可能会阻碍投资，因为这表明经济不稳定或竞争力下降。总之，实际有效汇率是理解全球化世界经济动态的重要工具。它提供了比名义汇率更清晰的国家经济健康状况和国际地位的图景。通过考虑通货膨胀和贸易关系，REER允许对竞争力进行更细致的分析，并可以指导政策制定者和投资者的决策过程。随着经济的不断发展，实际有效汇率的重要性只会增加，使其成为任何对全球经济感兴趣的人必不可少的概念。