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The Role of Exchange Rate Policy in Trade Balance Adjustment: Investigating the Industry-Level Bilateral Trade Between Egypt and Italy
The study in hand attempted an empirical test for the impact of exchange rate policy on Egypt’s persistent trade balance (TB). To address the issue of “aggregation bias,” the study employed quarterly disaggregated trade data over the period 2007Q1-2019Q4 to capture the recent foreign exchange rate e...
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AUC Knowledge Fountain
2021
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