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The Influences of the Exchange Rate on the Performance of Romanian Trade

Author

Listed:
  • Gabriela Dobrotă

    (Constantin Brâncusi University of Târgu Jiu)

Abstract

The unprecedented development of international trade relations has generated the possibility of obtaining a significant part of the GDP of the participating countries in foreign trade. As a result, the issue of competitiveness in international economy has become a major concern to authorities. In the category of factors which are influencing the competitiveness level is registered the volatility of the exchange rate. In this paper there were analyzed the aspects regarding the evolution of Romania's foreign trade and exchange rate, in the context of monetary policy measures. The conclusion is that the development plan of the national economy is determined by the action of a complex of economic, social and political factors, but measures taken by the monetary authorities in relation to the regime of exchange may generate visible effects at this level and thus to the volume of foreign trade relations.

Suggested Citation

  • Gabriela Dobrotă, 2016. "The Influences of the Exchange Rate on the Performance of Romanian Trade," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 471-475, February.
  • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:2:p:471-475
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    References listed on IDEAS

    as
    1. Criste, Adina & Mosneanu, Elena Ana & Glod, Alina Georgeta, 2008. "O Abordare A Conceptului De Competitivitate Naţională," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 12(4), pages 51-59, December.
    2. Ayla Ogus & Niloufer Sohrabji, 2009. "Elasticities of Turkish Exports and Imports," Working Papers 0906, Izmir University of Economics.
    3. M. Faruk Aydin & Ugur Ciplak & Eray M. Yucel, 2004. "Export Supply and Import Demand Models for the Turkish Economy," Working Papers 0409, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    4. Kevin B. Grier & Aaron D. Smallwood, 2007. "Uncertainty and Export Performance: Evidence from 18 Countries," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(4), pages 965-979, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    competitiveness; exchange rate; trade;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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