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While conditions in trade finance markets returned to normality in the main routes of trade, the structural difficulties of poor countries in accessing trade finance have not disappeared – and might have been worsened during and after the global financial crisis. There is a consistent flow of...
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after the introduction of the euro and shortly after steps taken by the Chinese authorities to liberalize the use of the RMB … paper shows theoretical and practical reasons explaining the current dominance of the US dollar and the euro in the … dollar and the euro are enjoying a nearduopoly as settlement and invoicing currencies in international trade. The stability …
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