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Macroeconomic Interdependence and the International Role of the Dollar

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NBER2008-02-01 更新2025-01-04 收录
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The U.S. dollar holds a dominant place in the invoicing of international trade, along two complementary dimensions. First, most U.S. exports and imports invoiced in dollars. Second, trade flows that do not involve the United States are also substantially invoiced in dollars, an aspect that has

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2008-02-01
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