Sánchez, Marcelo (contributor) - 2006
international trade reduces equilibrium in�ation
by a�ecting two structural parameters, namely, the trade-o� between output and in … tend to be more open to international trade, while the world�s
largest countries (topped by the US and Japan) are rather … currency union�s e�ect on international trade, see Rose and Stanley (2005). Frankel and
Rose (2002) and Bagella et al. (2004 …