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

Mihaela Muntean (), Nistor Costel and Manea Ludmila Daniela ()
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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

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 62-67

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.

Keywords: foreign exchange policy; competitiveness; Europenean Union; Romania’s foreign trade; volatile exchange rates (search for similar items in EconPapers)
JEL-codes: F50 F59 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:2:p:62-67

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