Exchange Rate Volatility and Its Implications for International Trade

Abstract

This scholarly article investigates the multifaceted relationship between exchange rate volatility and international trade. Exchange rate fluctuations have long been a subject of scholarly inquiry, given their profound impact on the global economy. Through a comprehensive analysis of empirical data and theoretical frameworks, this study explores the implications of exchange rate volatility on various aspects of international trade, including export and import dynamics, trade balances, and competitiveness. The findings contribute valuable insights for policymakers, businesses, and researchers seeking a deeper understanding of the intricate linkages between exchange rate volatility and international trade patterns.