.S. dollar is a key predictor of rest-of-world aggregate trade volume and consumer/producer price inflation. A 1 percent U ….S. dollar appreciation against all other currencies in the world predicts a 0.6-0.8 percent decline within a year in the volume … of total trade between countries in the rest of the world, controlling for the global business cycle. 4) Using a novel …

accompanied by an increase in the shares of the pound sterling, yen and euro, other long-standing reserve currencies and units …

in the law over the last five decades, the legal environment across the world is still far from providing a level playing …