Monetary union enlargement and international trade
This paper studies the effects of monetary union enlargement on international trade in a three-country (two incumbent countries and an acceding country) search monetary model. It is shown that, the enlargement of a monetary union is expected to increase international trade and thus be Pareto improvi...
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| Format: | article |
| Language: | eng |
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2007
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| Online Access: | http://hdl.handle.net/1822/12006 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/12006 |