After introducing the basic exporting model, I will assume that the exporters can hedge currency risk in the forward exchange market.
在引入基本的出口模型之后,假设出口商可以进入远期外汇市场进行交易。
There is no real forward market for the yuan, making it hard to hedge risk, and it is not accepted by most other countries.
人民币没有真正的长远市场,因而很难对抗对冲风险,而且不被其他大多数国家所接受。
There is no real forward market for the yuan, making it hard to hedge risk, and it is not accepted by most other countries.
人民币没有真正的长远市场,因而很难对抗对冲风险,而且不被其他大多数国家所接受。
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