Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s
The coexistence of exchange rate control, a black market for foreign currency and illegal trade has been a common characteristic of developing economies. The paper undertakes an empirical investigation about the interaction between high premia on the black market for the Dollar and illegal trade for...
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Format: | article |
Language: | EN PT |
Published: |
Universidade de São Paulo
2000
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Online Access: | https://doaj.org/article/155e502a839c4457b3952824e1edb1ed |
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