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The Evolution of Foreign Exchange Policy and its Impact upon Romanian Trade Competitiveness with European Union

Author

Listed:
  • Muntean Mihaela-Carmen

    (Faculty of Economic and Business Administration, “Dunarea de Jos” University)

  • Nistor Costel

    (*Faculty of Economic and Business Administration, “Dunarea de Jos” University)

  • Manea Ludmila Daniela

    () (Faculty of Economic and Business Administration, “Dunarea de Jos” University)

Abstract

In the five years since the accession to the EU in Romania's foreign trade occurred significant changes, particularly complex. The instrument of accession of Romania became part of an economic and customs union, the prospect of European monetary union membership. Opportunities offered by free access to European markets were accompanied by threats of increased competition for foreign domestic products.

Suggested Citation

  • Muntean Mihaela-Carmen & Nistor Costel & Manea Ludmila Daniela, 2012. "The Evolution of Foreign Exchange Policy and its Impact upon Romanian Trade Competitiveness with European Union," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 62-67, Decembre.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:62-67
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    More about this item

    Keywords

    foreign exchange policy; competitiveness; Europenean Union; Romania’s foreign trade; volatile exchange rates;

    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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