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The 18 members of the Asia-Pacific Economic Cooperation Council (APEC) encompass not only a wide geographic area but also broad differences in stages of economic development, including among them some of the fastest- growing economies in the world. Such rapid growth has been ficilitated by high levels of investment and trade, international linkages, and, in most APEC economies, macroeconomic policies that have sustained growth while not sparking excessive inflation. This study offers insights about how medium and long-term changes in real exchange rates have affected international (and intra-APEC) trade and investment in the region.

Capital movements --- Foreign exchange --- 330.05 --- 332.456095 --- apec --- commerce mondial --- investissements etrangers --- marche international des capitaux --- taux de change --- 333.451.1 --- 339.113 --- 382.10 --- ASI / Asia - Azië - Asie --- LAM / Latin America - Latijns Amerika - Amérique Latine --- 339.72 <5> --- 339.74 <5> --- 339.92 <5> --- 339.92 <5> Economische samenwerking en integratie. Tolunie--Azië --- Economische samenwerking en integratie. Tolunie--Azië --- 339.72 <5> Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt.--Azië --- Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt.--Azië --- 339.74 <5> Monetaire buitenlandse politiek. Deviezenpolitiek--Azië --- Monetaire buitenlandse politiek. Deviezenpolitiek--Azië --- Cambistry --- Currency exchange --- Exchange, Foreign --- Foreign currency --- Foreign exchange problem --- Foreign money --- Forex --- FX (Finance) --- International exchange --- International finance --- Currency crises --- Capital flight --- Capital flows --- Capital inflow --- Capital outflow --- Flight of capital --- Flow of capital --- Movements of capital --- Balance of payments --- wereldhandel --- buitenlandse investeringen --- internationale kapitaalmarkt --- wisselkoers --- Wisselkoersen --- Buitenlandse investeringen --- Theorieën van internationale en interregionale handel: algemeenheden. Comparatieve voordelen --- Asia --- Pacific Area --- Commerce. --- Working papers --- Exports and Imports --- Foreign Exchange --- Production and Operations Management --- International Investment --- Long-term Capital Movements --- Trade: General --- Macroeconomics: Production --- Empirical Studies of Trade --- Currency --- Finance --- International economics --- Macroeconomics --- Real exchange rates --- Exchange rates --- Foreign direct investment --- Exports --- Real effective exchange rates --- International trade --- Exchange rate adjustments --- Investments, Foreign --- Imports --- Industrial productivity --- Balance of trade --- United States