Considerations on Transactions of Foreign Trade

Paliu-Popa Lucia
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Paliu-Popa Lucia: Constantin Brancusi University of Targu Jiu, Faculty of Economics, Romania
Authors registered in the RePEc Author Service: Lucia Popa Paliu

Annals - Economy Series, 2009, vol. 1, 285-296

Abstract: In the complex connection process of national economies to global economy flows, an important role has the foreign trade, which in recent decades has become, in the market economy conditions, one of the factors determining for economic growth. Foreign trade, as a separate branch of the national economy is an important factor of economic growth, caused by the internationalization of business and determining for the process of globalization. For Romania, a country still in transition and recent member of the European Union is particularly important to enhance the participation to international trade in goods and services, but also attracting foreign investments in the economy as the main possibilities for the re-industry and restructuring the national economy in order to creation and maintenance of sustainable competitive advantages. Starting from these considerations, in this article I addressed/aproached the theoretical aspects of foreign trade, without omitting intracomunity purchases and deliveries of goods.

Keywords: domestic economy; global economy; foreign trade; market economy; economic growth; globalisation; goods (search for similar items in EconPapers)
JEL-codes: E0 E6 R11 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2009:v:1:p:285-296

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