Bahmani-Oskooee, Mohsen; Harvey, Hanafiah; Hegerty, Scott W. - In: The North American Journal of Economics and Finance 25 (2013) C, pp. 70-93
As Brazil continues its emergence as a major world economy, it has enjoyed both increased trade and capital inflow-fueled currency appreciations. But while it is often thought that exchange-rate volatility hurts trade, the economic literature has found that this is not always true. This study...