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THE EFFECT OF THE EXCHANGE RATE ON INDUSTRY-LEVEL TRADE FLOWS IN CZECHIA

Jana Šimáková, Daniel Stavárek

The relationship between exchange rates and international trade belongs among the topics that have attracted considerable interest in both academic research and policy making. An extensive body of literature has been published, particularly since the collapse of the Bretton Woods system, which brought about floating exchange rates of the major world currencies and increased exchange rate uncertainty. The effects of exchange rate on international trade can be examined from various perspectives.
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