ScholarLens Back to search
2000•DergiPark (Istanbul University)Requires access

THE IMPACT OF TRADE LIBERALIZATION: TURKEY'S EXPERIENCE WITH THE CUSTOMS UNION

Orhan Morgil

Open publisher page 2 citations

Abstract

In this article the static and dynamic effects of the Customs Union between Turkey and the European Union are discussed. The static effect of the Customs Union, namelv trade creation and trade diversion, has been developed in favor of the European Union. The Customs Union has generated limited trade creation for the Turkish economy. However, Turkey has partly benefited from the dynamic effect of the Customs Union. On the other hand, it was found that the Turkish import and export is quite sensitive to the exchange rate policy.

About this research paper

What this paper is about

In this article the static and dynamic effects of the Customs Union between Turkey and the European Union are discussed. The static effect of the Customs Union, namelv trade creation and trade diversion, has been developed in favor of the European Union. The Customs Union has generated limited trade creation for the Turkish economy. However, Turkey has partly benefited from the dynamic effect of the Customs Union. On the other hand, it was found that the Turkish import and export is quite sensitive to the exchange rate policy.

Why it matters

OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

In this article the static and dynamic effects of the Customs Union between Turkey and the European Union are discussed. The static effect of the Customs Union, namelv trade creation and trade diversion, has been developed in favor of the European Union. The Customs Union has generated limited trade creation for the Turkish economy. However, Turkey has partly benefited from the dynamic effect of the Customs Union. On the other hand, it was found that the Turkish import and export is quite sensitive to the exchange rate policy.

Key concepts: International trade, Customs union, Free trade, International free trade agreement, Liberalization, International economics, Business, Economics

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
THE IMPACT OF TRADE LIBERALIZATION: TURKEY'S EXPERIENCE WITH THE CUSTOMS UNION — Research Paper | ScholarLens