Romanian Foreign Trade: Before and Three Years after EU Accession

Liviu – Daniel Deceanu and Mirela-Oana Pintea ()

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 264-269

Abstract: EU enlargement in recent years implied profound changes in the new member states’ international trade; this is explained by the adoption of new principles of trade policy, new tools, able of reshaping international economic relations, causing phenomena of trade creations and trade diversion. Of course, EU enlargement has also marked significant developments in terms of vision on trade in the old member states, these becoming now union partners (custom union also) with some interesting countries in terms of production costs, potential sales and market size. For a country like Romania, trade is as important as for any other country, due to its advantages – it represents an important growth engine for states at different stages of development. Exporting and importing provide advantages, but, in the same time, represents a delicate subject.

Keywords: foreign trade; EU accession; economic integration; trade creation and trade diversion (search for similar items in EconPapers)
JEL-codes: F14 F15 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:264-269

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