Citation ![]() | European Commission, Brussels (2016): Flash Eurobarometer 424 (Possible Obstacles to Using the Euro in International Trade). TNS Political & Social [producer]. GESIS Data Archive, Cologne. ZA6646 Data file Version 1.0.0, https://doi.org/10.4232/1.12520 |
Study No. | ZA6646 |
Title | Flash Eurobarometer 424 (Possible Obstacles to Using the Euro in International Trade) |
Current Version | 1.0.0, 2016-4-18, https://doi.org/10.4232/1.12520 |
Date of Collection | 20.07.2015 - 07.08.2015 |
Principal Investigator/ Authoring Entity, Institution |
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Abstract | Obstacles to using the euro in international trade. Topics: 1. Questionnaire A (only in FR, DE, IT, and NACE-Codes B, C, D): percentage of intra-group exports in the last fiscal year; three largest exporting countries outside the euro area measured by value; share of exports invoiced in euro; other currencies used; same main currency to settle imports and exports from outside the euro area; benefit for own company from trade invoicing of exports and imports in euro with partners from outside the euro area; reasons for using currencies other than the euro for export invoicing; strongest bargaining power in setting the invoice currency in the company’s sector: importer, exporter, larger company, depends; reasons for invoicing in foreign currencies; trade practices that do not allow to set the euro as invoicing currency; measures to address exchange rate risks in international trade activities; reasons for not addressing exchange rate risks; importance of each of the following factors when choosing the euro as invoicing currency: transaction size, contract duration and delivery time, exchange rate volatility of the euro, interest rates, macroeconomic shocks; impact of the recent European sovereign debt crisis on the use of the euro in invoicing practices; preconditions to increase the use of the euro in international trade. 2. Questionnaire B (only in FR, DE, IT, and NACE-Codes K, M): share of services provided to intra-group entities based abroad on the basis of all services provided to entities based abroad (in percent); three largest exporting countries outside the euro area measured by value; share of services provided to entities based abroad invoiced in euro; other currencies used; benefit for own company from invoicing provided or received services in euro with partners from outside the euro area; reasons for using currencies other than the euro for invoicing serviced provided to entities based abroad; strongest bargaining power in setting the invoicing currency in the company’s sector: invoicing entity, invoiced customer, larger company, depends; reasons for invoicing in foreign currencies; trade practices that do not allow to set the euro as invoicing currency; measures to address exchange rate risks in international trade activities; reasons for not addressing exchange rate risks; importance of each of the following factors when choosing the euro as invoicing currency: transaction size, contract duration and delivery time, exchange rate volatility of the euro, interest rates, macroeconomic shocks; impact of the recent European sovereign debt crisis on the use of the euro in invoicing practices; preconditions to increase the use of the euro in international trade. 3. Questionnaire C (only in UK, and NACE-Codes K, M): share of services provided to intra-group entities based abroad on the basis of all services provided to entities based abroad (in percent); three largest exporting countries inside the euro area measured by value; share of services provided to entities based abroad invoiced in euro; share of services provided to entities based abroad invoiced in currencies other than the euro or the British pound; benefit for own company from invoicing provided or received services in euro with partners based abroad; reasons for using the euro for invoicing serviced provided to entities based abroad; strongest bargaining power in setting the invoicing currency in the company’s sector: invoicing entity, invoiced customer, larger company, depends; reasons for not invoicing in euro; trade practices that do not allow to set the euro as invoicing currency; measures to address exchange rate risks in international trade activities; reasons for not addressing exchange rate risks; importance of each of the following factors when choosing the euro as invoicing currency: transaction size, contract duration and delivery time, exchange rate volatility of the euro, interest rates, macroeconomic shocks; impact of the recent European sovereign debt crisis on the use of the euro in invoicing practices; preconditions to increase the use of the euro in international trade. Demography: information about the company: company size, number of employees; country of registration for trade and financial reporting; turnover of the company in the last fiscal year; percentage of the company’s turnover in the last fiscal year coming from exports; percentage of exports into and outside the euro area in the last fiscal year; percentage of the company’s turnover in the last fiscal year coming from imports; percentage of imports from and from outside the euro area in the last fiscal year. Additionally coded was: country; NACE-Code; questionnaire split. |
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Geographic Coverage |
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Universe | Businesses employing 1 or more persons in the following sectors: (1) aircraft and shipbuilding, (2) energy, (3) financial services (excluding insurance), and (4) electrical and mechanical engineering; companies involved in international trade with partners outside the Eurozone in Italy, France and Germany; companies in the UK in the sector of financial services, engaged in trade with partners in the Eurozone or with partners outside EU. |
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Data Collector | TNS Infratest Deutschland, Munich, Germany; TNS Sofres, Montrouge, France; TNS Italia srl, Milan, Italy; TNS UK, London, United Kingdom; TNS Political & Social, Brussels (international co-ordination) |
Date of Collection |
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Version | Date, Name, DOI |
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1.0.0 (current version) | 2016-4-18 Archive release https://doi.org/10.4232/1.12520 |
Errata in current version |
none |
Version changes | |
Number of Units: | 400 |
Number of Variables: | 178 |
Analysis System(s): | SPSS, Stata |
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