Dominant Currency and Value-Added Exports

This study investigates the real effects of exchange rate changes on exports with three key features; pricing in a dominant currency like US dollar, imported intermediary use production, and dependent major demanded countries. We test longitudinal rates using data set both gross value-added bilateral exports. The finding distinguishes positive panel effect dollar depreciation due to liquidity from negative other currencies depreciations import effect. two detailed results stand out mostly impacts intermediate goods imports. First, is smaller than Second, bigger final Also, income exports-FDI feedback are significant, enriching for relationship between trade flows foreign investment.
 
 Received: 29 April 2022 / Accepted: 9 August Published: 2 September