The Effect of Real Exchange Rate Volatility on the Trade of Educational Services

Autor:	Kristie Briggs, Charles Braymen
Rok vydání:	2017
Předmět:	05 social sciences International economics Bilateral trade Exchange rate Exchange rate volatility Obstacle 0502 economics and business Economics Revenue 050207 economics Business and International Management Volatility (finance) General Economics Econometrics and Finance 050205 econometrics
Zdroj:	The International Trade Journal. 31:299-316
ISSN:	1521-0545 0885-3908
DOI:	10.1080/08853908.2017.1288181
Popis:	This article finds that high levels of real exchange rate volatility between two trading partners significantly decrease the amount of educational services traded. Many academic institutions are actively looking to expand exports of educational services as a means of increasing revenues. Internal policies that reduce real exchange rate uncertainty may help encourage trade of educational services between countries where volatility is high. The discovery that real exchange rate volatility serves as a significant barrier to attracting educational export opportunities to certain countries underscores an obstacle that should and/or could be addressed as academic institutions strive to expand their international enrollments.
Databáze:	OpenAIRE
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