... movement of real exchange rate 实际汇率的变动 movement of real exchange rate 实际汇率的变化 form technology 成形工艺 ...
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长期实际汇率主要取决于经济的供给面，即生产率的变化，这一思想体现在巴拉萨—萨缪尔森效应的模型中。
In the long run, real exchange rates are mainly determined by the supply-side of an economy (changes in the productivity), which is embodied in the model of Balassa-Samuelson effect.
实际汇率的形成和变化都是由外汇市场上的供求关系决定的。
The formation of the real rate of exchange with change to all relate to the decision from the foreign exchange market's supply and demand.
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