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The Effect of Real Exchange Rate Volatility on the Trade of Educational Services

Charles Braymen and Kristie Briggs

The International Trade Journal, 2017, vol. 31, issue 4, 299-316

Abstract: This article finds that high levels of real exchange rate volatility between two trading partners significantly decrease the amount of educational services traded. Many academic institutions are actively looking to expand exports of educational services as a means of increasing revenues. Internal policies that reduce real exchange rate uncertainty may help encourage trade of educational services between countries where volatility is high. The discovery that real exchange rate volatility serves as a significant barrier to attracting educational export opportunities to certain countries underscores an obstacle that should and/or could be addressed as academic institutions strive to expand their international enrollments.

Date: 2017
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DOI: 10.1080/08853908.2017.1288181

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