Dollar Invoicing, Global Value Chains, and the Business Cycle Dynamics of International Trade /

Recent literature has highlighted that international trade is mostly priced in a few key vehicle currencies and is increasingly dominated by intermediate goods and global value chains (GVCs). Taking these features into account, this paper reexamines the relationship between monetary policy, exchange...

Повний опис

Бібліографічні деталі
Автор: Cook, David
Інші автори: Patel, Nikhil
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2022.
Серія:IMF Working Papers; Working Paper ; No. 2022/028
Предмети:
Онлайн доступ:Full text available on IMF