The Impact of G20 On Turkish Foreign Trade

The Impact of G20 On Turkish Foreign Trade

Turkey accepted to become a member of international economicassociations to have an important share in World trade, to increaseforeign trade revenues and to export their products to developedcountries. Becoming a member of economic associations startedwith IMF and World Bank in 1947 and it goes on with Orga-nization for Economic Cooperation and Development (OECD),Organization for Islamic Cooperation (OIC), Economic Coop-eration Organization (ECO), Organization of the Black SeaEconomic Cooperation (BSEC), World Trade Organization(WTO), Custom Union (CU), D8 and G20. Foreign tradewhich was held by international firms replaced with trade held byinternational organizations in changing world. As the number ofmembership increases Turkey has started to behave as world coun-tries with increasing foreign trade volume and opportunities. Inthis research we first looked at growth rate of export and importbetween Turkey and G20 countries to reveal performance analy-sis of foreign trade between these two groups which has the mostimportant share in Turkish foreign trade. Then the analysis fol-lowed by a look at growth rate of total export and import of Tur-key. Lastly, foreign trade balance and volume are investigated. Atthe end of research we searched export/import coverage ratio
Afro Eurasian Studies-Cover
  • ISSN: 2147-110X
  • Yayın Aralığı: Yıllık
  • Başlangıç: 2012
  • Yayıncı: Musiad (Independent Industrialists and Businessmen's Association)