Invoice currency: Puzzling evidence and new questions from Brazil

This article for the first time uses Brazilian trade data to draw conclusions about the invoice currency choice — both in general and as it pertains to the Brazilian real (BRL). We find that the Brazil-Argentina policy of providing payment orders associated to an exchange transaction between their c...

Full description

Bibliographic Details
Main Author: Daniel Gersten Reiss
Format: Article
Language:English
Published: Elsevier 2015-05-01
Series:EconomiA
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S151775801500017X