tag:blogger.com,1999:blog-6297413898275266606.post1738152160491035048..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: November 2013 External Tradehishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6297413898275266606.post-12339779916743910812014-01-09T16:26:12.982+08:002014-01-09T16:26:12.982+08:00@anon
I would also be remiss if I didn't poin...@anon<br /><br />I would also be remiss if I didn't point out that trade numbers are coming up across East Asia.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-78548730432594497852014-01-09T16:05:12.970+08:002014-01-09T16:05:12.970+08:00@anon
Because exports and imports are not indepen...@anon<br /><br />Because exports and imports are not independent in Malaysia (as implicitly assumed under Econ 101), and nor is trade with our major partners dependent on the exchange rate.<br /><br />Much of Malaysia's trade is not exchange rate sensitive (e.g. E&E) because these goods are part of the regional supply chain where imported inputs are used, and our exports then form hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-61109864443917342042014-01-09T14:54:32.997+08:002014-01-09T14:54:32.997+08:00I am not entirely convinced.
How much of the fav...I am not entirely convinced. <br /><br />How much of the favourable trade balance is due to the Ringgit having depreciated against the currencies of Malaysia's major trade partners? <br /><br />If the Ringgit were to appreciate significantly, would we still be running favourable trade balances? Anonymousnoreply@blogger.com