How Long to Read Patterns in Invoicing Currency in Global Trade

By Emine Boz

How Long Does it Take to Read Patterns in Invoicing Currency in Global Trade?

It takes the average reader and 39 minutes to read Patterns in Invoicing Currency in Global Trade by Emine Boz

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper presents the most comprehensive and up-to-date panel data set of invoicing currencies in global trade. It provides data on the shares of exports and imports invoiced in US dollars, euros, and other currencies for more than 100 countries since 1990. The evidence from these data confirms findings from earlier research regarding the globally dominant role of the US dollar in invoicing - despite the comparatively smaller role of the US in global trade - and the overall stability of invoicing currency patterns. The evidence also points to several novel facts. First, both the US dollar and the euro have been increasingly used for invoicing even as the share of global trade accounted for by the US and the euro area has declined. Second, the euro is used as a vehicle currency in parts of Africa, and some European countries have seen significant shifts toward euro invoicing. Third, as suggested by the dominant currency paradigm, countries invoicing more in US dollars (euros) tend to experience greater US dollar (euro) exchange rate pass-through to their import prices; also, their trade volumes are more sensitive to fluctuations in these exchange rates.

How long is Patterns in Invoicing Currency in Global Trade?

Patterns in Invoicing Currency in Global Trade by Emine Boz is 38 pages long, and a total of 9,804 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Patterns in Invoicing Currency in Global Trade Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Patterns in Invoicing Currency in Global Trade aloud.

What Reading Level is Patterns in Invoicing Currency in Global Trade?

Patterns in Invoicing Currency in Global Trade is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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