Monday, May 31, 2010

Economic Impact of the tensions with Israel

That's what a friend asked me today, and to tell you the truth, that's a very complicated question. Part of the answer lies with Turkey's trade with Israel, and to show that, a picture is needed:
As you can see in the graph, trade with Israel is not big in absolute terms. Also Turkish exports to Israel did not increase during the crisis, like to some other countries in the region; in that respect trade with Israel behaved like Turkey's main trading partners...

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