Berument, HakanDincer, N.2016-02-082016-02-0820050003-6846http://hdl.handle.net/11693/24041The currency denominations of a country's exports and imports are not necessarily the same. If this is the case, then a change in the exchange rate parity among major currencies will affect the trade balance. The empirical evidence provided from Turkey - where exports are mostly denominated in Euros and imports are mostly denominated in USD - suggests that an appreciation of the Euro against the USD would increase the output in the long-run, appreciate the local currency and improve the trade balance for the 1985:01 2003:07 period. © 2005 Taylor & Francis Group Ltd.EnglishBalance of tradeCurrency marketExportEastern HemisphereEurasiaTurkeyWorldArticle10.1080/000368405001091591466-4283