â â â â â  abstract: â  as the number of independent countries increases and their economies become more integrated, we would expect to observe more multi-country currency ::::union::::s. this paper explores the pros and cons for different countries to adopt as an anchor the us dollar, the euro or the yen. in addition, it addresses the question of how co-movement of outputs and prices would res...

 As the number of independent countries increases and their economies become more integrated, we would expect to observe more multi-country currency :::union:::s. This paper explores the pros and cons for different countries to adopt as an anchor the US Dollar, the Euro or the Yen. In addition, it addresses the question of how co-movement of outputs and prices would respond to the formation of ...

â â â  â â  abstract: â  china and asean have been maintaining a relationship both cooperative and competitive in the textile trade. due to its labor intensive feature and high dependence on foreign trade , the textile trade has received much attention after the 2008 financial crisis. the customs data (classified by the hs code) from year 2006-2009 is employed to research the impact of the cris...