Exchange Traded Funds (ETFs) are simply a basket of securities, usually stocks, that is designed to track a market benchmark. It may follow a broad-based index such as the Standard & Poor's 500, or a more specialized area, such as health care companies or Chinese stock. As it has “Exchange”...

The aim of this paper is to analyze the effects of exchange rate volatility on international trade flows by using two different approaches, the panel data analysis and fuzzy logic, and to compare the results. To a panel with the crosssection dimension of 91 pairs of EU15 countries and with time...