FTA Commerce & Strategy Seminar Series 6: Won-Dollar(?/$) Exchange Rate and the Trade Pressure of US
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Last updated: 2016-05-24
On May 24th, 2016, senior researcher Dongsoo Kang from KDI gave a lecture to the students of the FTA Commerce and Strategy program under the topic, “Won-Dollar Exchange Rate and the Trade Pressure of the US.” Senior researcher Kang shortly explained what exchange rate is and how exchange rate trend changes over time. By showing Korea’s balance of trade by each country and by introducing “Bennet-Hatch-Carper”, he explained how the Department of the Treasury of the US imposes trade pressure to countries using these methods. Along with the assessment for the exchange rate, he concluded with three advices: the need of transparency improvement, trust formation by securing macro-prudential, and enlargement of foreign-exchange market.