Thus incomplete exchange rate pass-through has been an important topic in the field of international finance.

因此，不完全汇率传递问题已经成为当前国际金融研究领域的热点主题。

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Based on the basic theory and empirical results, this part analyzes the reason and policy implication of incomplete exchange rate pass-through effect.

基于对前文基础理论和实证结果的综合分析，这一部分探讨了人民币汇率不完全传递的原因和政策含义。

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The paper studies the price changes of export goods in China from 2005 to the beginning of 2008 by using the theory of incomplete exchange rate pass-through.

本文利用汇率不完全传递理论，对2005年到2008年初我国出口企业的商品价格变动进行研究，结果发现，我国出口商品的汇率传递弹性较小且行业差别不显著；

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