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  • The Czech Republic, a member state of the European Union, has not yet adopted the Euro, although there is some current debate about when it should proceed to do so. To explore any likely benefits to Czech exporters from the adoption of the Euro, a pilot study on the choice of invoice and purchase currency was conducted with Czech exporters, largely SMEs, during 2013. Data was gathered by means of a survey questionnaire. This paper analyses the various currencies used by Czech exporters and their relationships to enterprise size and age as well as industry sector. The results are a useful adjunct in the discussion on the future adoption of the Euro by the Czech Republic. The results confirm a large degree of openness of the Czech economy in respect of the Euro. The Czech Republic currently exports 73% of its production, with 63 % of this destined for the Eurozone, consequently, it is concluded that Czech exporters would benefit by adopting the Euro, as under these circumstances, foreign exchange risks should be mitigated, leading to greater international pricing certainty.
  • The Czech Republic, a member state of the European Union, has not yet adopted the Euro, although there is some current debate about when it should proceed to do so. To explore any likely benefits to Czech exporters from the adoption of the Euro, a pilot study on the choice of invoice and purchase currency was conducted with Czech exporters, largely SMEs, during 2013. Data was gathered by means of a survey questionnaire. This paper analyses the various currencies used by Czech exporters and their relationships to enterprise size and age as well as industry sector. The results are a useful adjunct in the discussion on the future adoption of the Euro by the Czech Republic. The results confirm a large degree of openness of the Czech economy in respect of the Euro. The Czech Republic currently exports 73% of its production, with 63 % of this destined for the Eurozone, consequently, it is concluded that Czech exporters would benefit by adopting the Euro, as under these circumstances, foreign exchange risks should be mitigated, leading to greater international pricing certainty. (en)
Title
  • Choice of Invoice Currency by Czech Exporters
  • Choice of Invoice Currency by Czech Exporters (en)
skos:prefLabel
  • Choice of Invoice Currency by Czech Exporters
  • Choice of Invoice Currency by Czech Exporters (en)
skos:notation
  • RIV/60076658:12510/14:43887384!RIV15-MSM-12510___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • I
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 7196
http://linked.open...ai/riv/idVysledku
  • RIV/60076658:12510/14:43887384
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • Export; Czech; Currency; Invoice (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [2D7A59C5E1E6]
http://linked.open...v/mistoKonaniAkce
  • Florence
http://linked.open...i/riv/mistoVydani
  • Worcester, MA
http://linked.open...i/riv/nazevZdroje
  • Global Business & Economics Anthology
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Bergami, Roberto
  • Vojtko, Viktor
  • Krásnická, Martina
http://linked.open...vavai/riv/typAkce
http://linked.open.../riv/zahajeniAkce
issn
  • 1553-1392
number of pages
http://purl.org/ne...btex#hasPublisher
  • Business & Economics Society International
http://localhost/t...ganizacniJednotka
  • 12510
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