Trade, finance and international currency
Currency choices in international trade are related to the depth of financial markets, especially in the provision of trade finance. This paper examines: (i) how this financial channel affects international currency choices and (ii) the corresponding macroeconomic implications. Based on unique data...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier B.V.
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |