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

Gabriela Dobrotă ()
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Gabriela Dobrotă: Constantin Brâncusi University of Târgu Jiu

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 2, 471-475

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.

Keywords: competitiveness; exchange rate; trade (search for similar items in EconPapers)
JEL-codes: F13 F31 (search for similar items in EconPapers)
Date: 2016
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