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Purpose - This paper makes an analysis of trade in the WAMZ as well as the WAMZ's trade with other countries in West Africa, Europe and Asia based on the Optimal Currency Area (OCA) theory. This theory first proposed by Mundell (1961) as a basis for evaluating whether or not an area constitutes...
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autoregressive (SVAR) estimation technique to analyze time series data from 1981 to 2021, the study finds no evidence of effective …
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