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Notes
- 1.
EU–Russia summit, Paris, October 30, 2000.
- 2.
I will express all the values in dollar unless otherwise stated.
- 3.
The proof of each step from now on is in Appendix.
References
Dornbusch R (1976) The theory of flexible exchange rate regimes and macroeconomic policy. Scand J Econ 78(2):255–275
European Commission (2000) Towards a European strategy for the security of energy supply. COM(2000)769. Brussels, Belgium
Kouri P (1983) Intertemporal balance of payments equilibrium and exchange rate determination. Banca d'Italia. Discussion papers on international economics and finance, Rome, Italy
Kouri P, de Macedo J (1978) Exchange rates and the international adjustment process. Brookings Pap Econ Act 1978(1):111–157
Krugman P (1980) Oil and the dollar. NBER working paper series, 554, Cambridge, MA
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Maio, C.D. (2013). The Macroeconomic Effects of Energy Purchases. In: Leal Filho, W., Voudouris, V. (eds) Global Energy Policy and Security. Lecture Notes in Energy, vol 16. Springer, London. https://doi.org/10.1007/978-1-4471-5286-6_7
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