Klepsch, Catharina; Wollmershäuser, Timo - In: Intereconomics : review of European economic policy 46 (2011) 3, pp. 169-176
The creation of a single currency is deemed to produce further heterogeneity in regional trade, as regions differ in their exposure to trade with other European countries. It is possible to disentangle two separate effects on bilateral trade, namely the “exchange rate volatility effect”...