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2015, Vol. 31(4): 43-48    DOI:
Why RMB Appreciation and China’s Trade Surplus Expansion HaveCoexisted for A Long Time?——An Analysis Based on the Sunk Costs-Model Considering the Way of the Trade
YE Fang1, DU Chao-yun2
(1.Department of Finance, Huaqiao University, Quanzhou 362021,China;
2.Department of Finance, Xiamen University, Xiamen 361005, China)
Received 2014-03-11  Revised 2015-07-29
Supporting info
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