Discussion of David Cook and Nikhil Patel’s paper

Name: Work Video:
Duration: 3 min 30 s
Description: This paper proposes a theoretical model that incorporates three important features in international trade. First, most international trade is priced in a few key vehicle currencies. Second, intermediate goods account for much of the growth in international trade. Third, countries within a region trade more extensively than countries in different regions.
Jian Wang
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