The Evolution of Trading with Agri-food Products in European Union

Mihălcioiu Larisa Delia () and Ion Alexandru Nicolae ()
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Mihălcioiu Larisa Delia: The Bucharest University of Economic Studies
Ion Alexandru Nicolae: The University Politehnica of Bucharest

Ovidius University Annals, Economic Sciences Series, 2018, vol. XVIII, issue 2, 167-172

Abstract: The following paper addresses: the evolution of trade in agricultural and food products in the European Union between 2002-2017, highlighting both, the most competitive and also the least developed countries in this area. The European Union is the world's leading actor in the field of trade, being a great economic, commercial and political power. The benefits this fact generates for each country member of the European Union are multiple: it provides citizens with better quality of life, offers them a wide range of products, gives countries opportunities for growth, for a bigger and fairer marketplace, where customs duties were eliminated in trading between members and merged for goods imported from third countries. Because of this position, the European Union has a decisive role in the negotiations made inside the World Trade Organization.

Keywords: trade; export; import; commercial balance of trade (search for similar items in EconPapers)
JEL-codes: Q17 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xviii:y:2018:i:2:p:167-172

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