Structural Adjustment of Romanian Foreign Trade after EU Accession
Rusu Nicoleta ()
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Rusu Nicoleta: „Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration
Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 1879-1884
Abstract:
As the diversification the structure of economies has boosted economic relations between the countries which had a decisive influence on the economy and structure of branches, which had constantly adapted to market requirements and resource supply options. Therefore, Romania's foreign trade, one of the most important structures of the Romanian economy has suffered a series of changes designed to improve its competitiveness through an inter and intra- industry restructuring. Once Romania joined the European Union have been produced a series of changes in the structure of foreign trade. However, Romania remains a net importer this failure resulted in restructuring the economy, which further led to record a deficit in balance of payments current.
Keywords: foreighn trade; FDI; exports; imports; trade deficit.. (search for similar items in EconPapers)
JEL-codes: F13 F14 P33 Q56 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:11:y:2011:i:1:p:1879-1884
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