The article presents the situation in foreign trade among Slovakia and the country V4 （Czech Republic, Hungary, Poland, and Slovak Republic） after the changeover in 2009. At a time of economic crisis, Slovakia acced...The article presents the situation in foreign trade among Slovakia and the country V4 （Czech Republic, Hungary, Poland, and Slovak Republic） after the changeover in 2009. At a time of economic crisis, Slovakia acceded to the adoption of a common currency--the euro. Prior to the adoption of the euro, apprehensions were raised due to currency decreased export from Slovakia to countries V4. In this article, author analyses the mutual foreign trade of Slovakia with countries of V4 for all commodities in standard international trade classification （SITC） codes. The analysis covers the time before the adoption of the euro from 2004 to 2008 and after the adoption of the euro in the years from 2009 to 2013. It compares the percentage change over the previous year, the balance of foreign trade, and foreign trade turnover. The same analysis is also done for the period prior to the adoption of the euro as a whole and after the adoption of the euro. In the calculations, data from UN Comtrade Database were used, which are indicated in USD. The results indicate that in the transition to the common currency, the euro did not mean for Slovakia worsening trade with V4 countries. Economies of these countries have long been linked and even the possibility of its own monetary policy does not endanger Slovakia＇s export to these countries.展开更多
文摘The article presents the situation in foreign trade among Slovakia and the country V4 （Czech Republic, Hungary, Poland, and Slovak Republic） after the changeover in 2009. At a time of economic crisis, Slovakia acceded to the adoption of a common currency--the euro. Prior to the adoption of the euro, apprehensions were raised due to currency decreased export from Slovakia to countries V4. In this article, author analyses the mutual foreign trade of Slovakia with countries of V4 for all commodities in standard international trade classification （SITC） codes. The analysis covers the time before the adoption of the euro from 2004 to 2008 and after the adoption of the euro in the years from 2009 to 2013. It compares the percentage change over the previous year, the balance of foreign trade, and foreign trade turnover. The same analysis is also done for the period prior to the adoption of the euro as a whole and after the adoption of the euro. In the calculations, data from UN Comtrade Database were used, which are indicated in USD. The results indicate that in the transition to the common currency, the euro did not mean for Slovakia worsening trade with V4 countries. Economies of these countries have long been linked and even the possibility of its own monetary policy does not endanger Slovakia＇s export to these countries.
