消除美中经常账户失衡：汇率的作用

摘要

The unbalanced current account of United States and China has been a focus worldwide for long time. The author considers that it could be relieved to some extent, even totally solved in medium term after the market adjustment, because in theory, the market can adjust the unbalance automatically. Exchange rate could play an important role in the adjustment process.%长期以来美中两国经常账户失衡问题是国际社会关注的焦点，笔者认为，过市场调整，中期内，失衡可能得到缓解，甚至消失，因为从理论上讲，市场能够自动纠正失衡，汇率将在其中起到重要的调节作用。