Habib, Maurizio Michael - 2008
rates,
including the US dollar, the SDR and the euro. First, Iqbal and Erbas (1997) examine the
import and export stability …)
Major import sources
(% of total imports)
US
Euro
area
UK Japan China
Other
Asia
US
Euro
area
UK Japan China
Other
Asia … currency areas, such as the euro area
or Japan, which may o�er a better chance to import the appropriate monetary policy …