Hidden Bibliographic Details
Other authors / contributors: | IMF Institute.
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ISBN: | 9781451871074 1451871074 1451915608 9781451915600 9781451915600
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ISSN: | 2227-8885
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Notes: | Includes bibliographical references (pages 26-27). Print version record.
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Summary: | This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investigates how economic dissimilarities among countries affect the magnitude of the trade effects fostered by a common currency. We show that sharing a common currency enhances the volume of bilateral trade among countries. However, the more economically dissimilar is an accession country, compared to the original members of a currency union, the smaller are the gains in trade that would follow the enlargement of a currency union.
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Other form: | Print version: Albertin, Giorgia. Trade effects of currency unions. Washington, D.C. : International Monetary Fund, ©2008
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Standard no.: | 10.5089/9781451915600.001
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