- PII
- S0044748X0000616-6-1
- DOI
- 10.7868/S0000616-6-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue 7
- Pages
- 29-42
- Abstract
- The objective of this article is to calculate the efficiency of direct trade within Mercosur countries on the basis of comparing the amounts of exports and imports when there is no regional currency market of the Real and when it is created and works. The practical importance of this article’s conclusions comes from discovering new opportunities and threats for the Brazilian economy in case of instituting of the regional currency market of the Real and Mercosur countries shifting to the Real when doing their foreign direct settlements as well as subsequent removal of the US dollar from them.
- Keywords
- MERCOSUR, BRICS, BRAZILIAN REAL, CURRENCY INTERNATIONALIZATION, MERCOSUR COUNTRIES
- Date of publication
- 01.07.2016
- Year of publication
- 2016
- Number of purchasers
- 1
- Views
- 1106
RAS Social ScienceЭкономика и математические методы Economics and the Mathematical Methods
- ISSN (Print) 0424-7388
- ISSN (Online) 3034-6177
BRAZILIAN REAL AS A CURRENCY OF FOREIGN DIRECT SETTLEMENTS BETWEEN MERCOSUR COUNTRIES
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Higher Attestation Commission
At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library