Flash Eurobarometer 424 (Possible Obstacles to Using the Euro in International Trade)

Version
1.0.0
Resource Type
Dataset : Survey and aggregate data
Creator
  • European Commission, Brussels
Publication Date
2016-04-18
Contributor
  • European Commission, Brussels DG Communication COMM A1 ´Strategy, Corporate Communication Actions and Eurobarometer´ Unit (Researcher)
  • TNS Infratest Deutschland, Munich, Germany (Data Collector)
  • TNS Sofres, Montrouge, France (Data Collector)
  • TNS Italia srl, Milan, Italy (Data Collector)
  • TNS UK, London, United Kingdom (Data Collector)
  • TNS Political & Social, Brussels (international co-ordination) (Data Collector)
Language
English
Classification
  • ZA:
    • International Institutions, Relations, Conditions
    • Stock Market and Monetary Transactions
  • CESSDA Topic Classification:
    • Trade, industry and markets
    • Business/industrial management and organisation
Description
  • 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.
Temporal Coverage
  • 2015-07-20 / 2015-08-07
Geographic Coverage
  • Germany (DE)
  • France (FR)
  • Italy (IT)
  • United Kingdom (GB)
Sampled 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.
Collection Mode
  • Telephone interview: CATI
Data and File Information
  • Unit Type: Organization
    Number of Units: 400
    Number of Variables: 178
Availability
Download
0 - Data and documents are released for everybody.
Rights
All metadata from GESIS DBK are available free of restriction under the Creative Commons CC0 1.0 Universal Public Domain Dedication. However, GESIS requests that you actively acknowledge and give attribution to all metadata sources, such as the data providers and any data aggregators, including GESIS. For further information see https://dbk.gesis.org/dbksearch/guidelines.asp
Alternative Identifiers
  • ZA6646 (Type: ZA-No.)
  • Internationale Umfrageprogramme (Type: FDZ)
Publications
  • European Commission: Flash Eurobarometer 424. Possible obstacles to using the euro in international trade. Conducted by TNS Political & Social at the request of the European Commission, Directorate-General for Economic and Financial Affairs Survey co-ordinated by the European Commission, Directorate-General for Communication (DG COMM “Strategy, Corporate Communication Actions and Eurobarometer” Unit). Brussels, February 2016. doi:10.2765/375800.

Update Metadata: 2021-04-07 | Issue Number: 18 | Registration Date: 2016-04-22