Although the RMB yuan was fixed against the us dollar for several years, it has been fluctuating against the Korean won, which provides us with a natural experiment to test the exchange rate effect.

虽然人民币汇率制度在很长一段时间都是紧盯美元的，但它对韩元一直是波动的，这为我们提供了一个自然实验去测试汇率制度的影响。

youdao

Although the RMB yuan was fixed against the us dollar for several years, it has been fluctuating against the Korean won, which provides us with a natural experiment to test the exchange rate effect.

虽然人民币汇率制度在很长一段时间都是紧盯美元的，但它对韩元一直是波动的，这为我们提供了一个自然实验去测试汇率制度的影响。

youdao