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A multilateral currency union removes the intraregional exchange rates but not the union rate variability with the rest of the world. The intraregional exchange rate variability is thus latent. A two-step procedure is developed to measure the variability. The measured variables are used to model...
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China has virtually dominated the trade scene in nearly all manufacturing sectors, this study also looks at the tripartite … dynamics of trade in pharmaceutical items among India, Pakistan and China. An analysis of the China-Pakistan and the South Asia … Free Trade Area Agreements reveals that while Pakistan does not give any favourable treatment to China in items on Pakistan …
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