Georgiadis, Georgios; Le Mezo, Helena; Mehl, Arnaud; … - 2021
The US dollar plays a dominant role in the invoicing of international trade, albeit not an exclusive one as more than … half of global trade is invoiced in other currencies. Of particular interest are the euro, with a large role, and the … dollar and the euro for trade with the United States and the euro area. These mechanisms also support the role of the dollar …