Zapodeanu, Daniela; Cociuba, Mihai - In: Annales Universitatis Apulensis Series Oeconomica 1 (2008) 10, pp. 27-27
The level of the exchange rate depends not only on the internal or externalpurchasing power, but also on other factors, and the element that synthesizes best theinfluence of these factors is the balance of payments, more precisely it’s position, because themain influential factors of the...