The model shares of own currency in each country’s intra-BRICS trade, %. Source: own calculations based on data from CEPII BACI for 2019
Part of: Gnidchenko A (2023) Bargaining power, product differentiation, and currency patterns in intra-BRICS trade. BRICS Journal of Economics 4(3): 285-299. https://doi.org/10.3897/brics-econ.4.e102638