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Macroeconomic Performance in a Globalising Economy Edited by Robert Anderton Geoff Kenny CAMBRIDGE UNIVERSITY PRESS Contents List of figures page vii v List of tables ...
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Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...
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