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  • The convergence of foreign trade is not among the prerequisites for joining the European Monetary Union, but it could be understood as a very credible indicator of homogeneity of national economies. The previous research indicates high degree of the territorial structure compatibility across the EU-member countries however the commodity compatibility is not so strong. The impact of foreign trade on currency areas was firstly analyzed by Kenen and McKinnon. They justified the high degree of foreign trade diversification to diminish the consequences of negative macroeconomic shocks. On the other hand, Krugman argued that economic integration will encourage the national specialization under the assumption of relatively low transport cost and thus according to Kenen's conclusions the impact of asymmetric shocks might be increased. This economic controversy has not been successfully solved yet. The paper aims to deals with the impacts of integration on foreign trade in merchandise and in services of sel
  • The convergence of foreign trade is not among the prerequisites for joining the European Monetary Union, but it could be understood as a very credible indicator of homogeneity of national economies. The previous research indicates high degree of the territorial structure compatibility across the EU-member countries however the commodity compatibility is not so strong. The impact of foreign trade on currency areas was firstly analyzed by Kenen and McKinnon. They justified the high degree of foreign trade diversification to diminish the consequences of negative macroeconomic shocks. On the other hand, Krugman argued that economic integration will encourage the national specialization under the assumption of relatively low transport cost and thus according to Kenen's conclusions the impact of asymmetric shocks might be increased. This economic controversy has not been successfully solved yet. The paper aims to deals with the impacts of integration on foreign trade in merchandise and in services of sel (en)
Title
  • Convergence of merchandise trade and trade in services
  • Convergence of merchandise trade and trade in services (en)
skos:prefLabel
  • Convergence of merchandise trade and trade in services
  • Convergence of merchandise trade and trade in services (en)
skos:notation
  • RIV/62156489:43110/07:00115561!RIV10-MSM-43110___
http://linked.open...avai/riv/aktivita
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  • Z(MSM6215648904)
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  • 415065
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  • RIV/62156489:43110/07:00115561
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  • foreign trade; trade in services; convergence; merchandise trade; european monetary union (en)
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http://linked.open...ontrolniKodProRIV
  • [ED998E7C3DF0]
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  • Brno
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  • Česká republika, Brno
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  • Proceedings of Abstracts of an International Conference on Economic Performance of European Union: Trends and Policies
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http://linked.open...cetTvurcuVysledku
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http://linked.open...iv/tvurceVysledku
  • Ševela, Marcel
http://linked.open...vavai/riv/typAkce
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http://linked.open...n/vavai/riv/zamer
number of pages
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  • Neuveden
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  • 978-80-87106-06-8
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  • 43110
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