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What is Oil Price Volatility about?

This study investigates the impact of crude oil price volatility on the trade balance of 34 sub-Saharan African countries from January 2004 to December 2017, finding a negative effect on trade balance influenced by inflation, interest rates, and exchange rates. The authors suggest that policymakers should implement strategies such as hedging and price-smoothing schemes to mitigate the adverse effects of oil price fluctuations. The research contributes to existing literature by examining both oil-exporting a

Author

eleazeramevor15

Language

EN