Global Trade and the Dollar

Global Trade and the Dollar
We document that the U.S. dollar exchange rate drives global trade prices and volumes. Using a newly constructed data set of bilateral price and volume indices for more than 2,500 country pairs, we establish the following facts: 1) The dollar exchange rate quantitatively dominates the bilateral exchange rate in price... READ MORE...

Publication date: November 2017
ISBN 9781484327975
$18.00

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