The Roles of Vehicle Currency and Real Effective Exchange Rates in the Trade of Every ASEAN Member With the EU-28

A common limitation of the studies on the exchange rate-trade balance linkage is ignoring the USD’s role as a vehicle currency. Some recent papers have recognized this gap and proposed a hypothesis that the neglection of the USD’s role as a vehicle currency can restrict the significance of findings....

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Bibliographic Details
Main Authors: Ho Hoang Gia Bao, Hoang Phong Le
Format: Article
Language:English
Published: SAGE Publishing 2022-04-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440221091715