Abstract:

It has been known that many internal and external question laids behind the basis of the economic crises transformed into the chronic character in our country. Nevertheless, the negavitivies in foreign trade are their most important ones. The export determines the import in any countries that gainde the the power of competetiveness by means of export goods with foreign demand and knowledge and technology intensive in global markets. At the same time, in these countries, whose power of competetiveness is rather high in external markets, the exportation can be increased in spite of the strong money policy, as well as her import costs are minimum. Impliedly, in such a kind of countries foreign trade and the imbalances of ongoing operations can be prevented. But in our country in crisis seasons while the export goods which do not have the power of competetiveness have been supported with high devaluation, paradoxically, the import becomes much more expensive. Depending on this, rising income costs and hot money (liquidity) causes the revalution of Turkish lira and imbalances in export-import and the pressure of the devaluation. In this study which has been focused on the import functions, it is claimed that this vicious circle keeps up onwards of the 2001 economic crise

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