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CHINA'S EQUILIBRIUM REAL EXCHANGE RATE: A COUNTERFACTUAL ANALYSIS

✍ Scribed by Rod Tyers; Iain Bain; Yongxiang Bu

Book ID: 111047652
Publisher: John Wiley and Sons
Year: 2008
Tongue: English
Weight: 366 KB
Volume: 13
Category: Article
ISSN: 1361-374X
DOI: 10.1111/j.1468-0106.2007.00387.x

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## Abstract Modern theories of foreign direct investment claim that foreign direct investment occurs because certain domestic assets are worth more under foreign control. This view developed by industrial organization theorists is indifferent to the financing mode of a foreign acquisition as well a