What is it about?
Devastating effects of currency invoicing in underdeveloped countries present a dialogue as when will these countries get theories work. Devaluation presents an opportunity through trade but yet, sluggish or slow growth. Prebish-Singer hypothesis showed the downward falling terms of trade for these countries an opportunity for diversification.
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This page is a summary of: The nonlinearity of exchange rate
pass‐through
on currency invoice: A quantile,
generalized method of moments
and threshold
effect‐test
from
sub‐Sahara
Afri..., International Journal of Finance & Economics, October 2020, Wiley,
DOI: 10.1002/ijfe.2226.
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