Export adjustment will occure with different time. The industry with lower import content become easier to maintain the export level.
Third, there is an accumulation of impact in some previous period. Secondly, the number of lag in independent variable which is needed in order to record the highest impact. Namely, depend on the change of elasticity along the time of observations. First, the existence of inconstancy on trade. For the record, some previous researches which found out the impact of exchange rates on trade did not consider some of the things. Its effect to international trade, specially quantity of export, come from accumulation exchange rate fluctuation from several lag.
The purpose of this paper is to explain the uncertainty of exchange rate volatility effect to international trade.
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