Find a major trading partner of the country that you are investigating between 2000 and 2010.
a. Compute the real exchange rate during 2000-2013. (Hint use the exchange of your home currency/US Dollar and divided by the exchange of the major trading partner/US Dollar to get the real exchange of your country/trading partner. Divide the new series with the real exchange rate from year 2000 and multiply by 100. (Hint: the real exchange rate is just a relative price of the exchange rate in real terms, to compare between any pair of real exchange rate we must normalize them to the same starting point.
b. Analyze the increase or decrease in trading pattern using real exchange rate from (a). Explain also the other factors that could be driving the increase or decrease in trading pattern.