Amador, João; Garcia, Joana; Mehl, Arnaud; Schmitz, Martin - 2024
We analyze, for the first time, how firms choose the currency in which they price transactions in international trade … of services and investigate, using direct evidence, whether the US dollar (USD) plays a dominant role in services trade … currency choices in services trade are active firm-level decisions. Firms that are larger and rely more on inputs priced in …