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العلاقة بين اسعار الصرف والميزان التجاري في ظل المنهج النقدي في دول نامية مختارة مع اشارة خاصة للعراق == The Relationship Between Exchange Rate And Balance of Trade In The Monetary Approach In Selected Developing Countries - With Specific Reference To Iraq
Author name:
اياد حماد عبد
Supervisor name:
ايمان عبد خضير الغريباوي
General topic:
Administration and Economics
Specific topic:
Economy
Degree:
Doctorate
University:
University of Baghdad - Faculty Of Administration And Economics
Language:
Arabic
University location:
Baghdad
First pages:
07T3447 - p.pdf
Abstract:
The study of the relationship between the exchange rate and balance of trade is important - especially in the Emergent countries which have commercial flows connected with the current account of balance of trade more than its connection to the capital account because these countries do not have integrated financial and cash markets.The previous studies were characterized by how the exchange rate and currency value are effected by the supply and quantity of money in circulation inside the country and the role of this quantity of cash in determining the local currency value, then the effect of this value of this currency and the balance of trade (exports and imports). Therefore, there should be treatment of the latter which in result, treats the shortage in balance of payments as a whole. This study will gather these two relationships in one relationship throughout making the exchange rate as a following variable , while the money supply and balance of trade are made as an independent variable. The second relationship will make the balance of trade as a following variable, while the money supply and exchange rate are made as independent variable and applying them to the sample countries ( Jordan, Mexico, South of Africa and Iraq). As the study shows the relationship that moves from the exchange rate to the balance of trade or vice versa. The direction will be in two directions at the same time as it determines each one in the light of monetary approach. After that, the theoretical relationship will be applied in these countries for the purpose of measurement.This study reached a group of conclusions and recommendations, some of them are general in the theoretical aspect of the study and the relationship of the exchange rate with the balance of trade in the monetary approach.and the role of this method in determining the exchange rate and the status of the balance of trade method each one alone.As concerns the measurement results, the results have shown up that there is a long - term balance relationship moves from the balance of trade to the exchange rate in the monetary approach in Jordan because it follows up the fixed exchange rate system. As there is a long - term balance relationship that moves from exchange rate to the balance of trade in Mexico and South of Africa because Mexico follows up a general exchange rate , while South of Africa follows up the free exchange rate ( general).As regards Iraq, the results have shown up that there is a long - term balance relationship that moves from exchange rate to the balance of trade in the monetary approach..
