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Goldberg.(Conferences)

Publication: NBER Reporter
Publication Date: 22-JUN-05
Format: Online - approximately 152 words
Delivery: Immediate Online Access

Article Excerpt
The accession countries to the euro area increasingly are binding their economic activity--external and internal--to the euro area countries. One direction of this phenomenon concerns the currency invoicing of international trade transactions, by which accession countries have reduced their...

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...use of the U.S. dollar in invoicing international trade transactions....

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