Donnenfeld, Shabtai; Haug, Alfred - In: Review of International Economics 11 (2003) 2, pp. 332-345
The authors investigate the choice of currency of invoicing in international trade under exchange rate fluctuations. Predictions derived from a model developed by Donnenfeld and Zilcha in 1991, and others, regarding the optimal choice of currency of invoice are tested for imports into Canada....
