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To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct …
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To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct …
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highlight an "export supply channel" of exchange rates in a world with dominant currencies, deepen our understanding of …., 2020). However, adjustment in the export sector can still occur through other supply-side channels. With bilateral trade … presents several novel findings: (1), a depreciation of an exporter's currency against the US-dollar increases total export …
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