haku: @indexterm INTERNATIONAL TRADE / yhteensä: 2170
viite: 222 / 2170
Tekijä: | Rey, H. |
Otsikko: | International trade and currency exchange |
Lehti: | Review of Economic Studies
2001 : APR, VOL. 68:2(235), p. 443-464 |
Asiasana: | CURRENCY EXCHANGE CONTROL INTERNATIONAL TRADE |
Kieli: | eng |
Tiivistelmä: | On the international scene, away from national legal rules, the use of different currencies is largely due to the operation of the "Invisible Hand". The paper develops a three-country model of the world economy. This links real trade patterns with currency exchange structures in a general equilibrium framework which includes transaction costs on foreign exchange markets. |
SCIMA