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The Effects and Issues of Turkey's Free Trade Agreements on Its Foreign Trade

Author

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  • T. Mesut Eren

    (İstanbul Kültür University)

Abstract

While EU made FTA’s with some countries, the fact that Turkey as a customs union partner of the EU, which is a developing country itself, has to conclude an agreement with these countries, creates unprecedented circumstances. Some countries are not necessarily keen to sign an agreement with Turkey. Inspite of this in last decade, Turkey increased its export to FTA-countries with higher ratio than that of total export’s. The import from FTA-countries rose not faster than that of total import. It seems that Turkey benefits from these asymmetrical trade relations.

Suggested Citation

  • T. Mesut Eren, 2013. "The Effects and Issues of Turkey's Free Trade Agreements on Its Foreign Trade," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 28(98), pages 28-47, January.
    • Handle: RePEc:acc:malfin:v:28:y:2013:i:98:p:28-47
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    References listed on IDEAS

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