Analysis of Romania's Foreign Trade Policy

Burghelea Cristina (), Dumitrescu Miron () and Cristea Dan Gabriel ()
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Burghelea Cristina: Hyperion University, Bucharest, Romania
Dumitrescu Miron: Hyperion University, Bucharest, Romania
Cristea Dan Gabriel: Hyperion University, Bucharest, Romania

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 19-23

Abstract: In this article we intend to identify the evolution of our country's foreign trade and the trials by which Romania can diversify its commercial relations with partner countries. This article aims Romania's commercial reality in the new global economic context. Methodologically we pursued the evolution of Romania's external trade at global level, extra-EU and intra-EU, volume of commercial flows between Romania and its main partners. The research finally proposes a modality of approach targeted to finding solutions to diversify Romania's commercial relations with possible target countries. Regarding the risks of this methodology, taking into account that there is no clear model of selection for the analyzed countries, and the final proposals can only have a general character. Thus, we show a few possible improvements that can be made, such as identifying criteria for selecting target countries, external and internal analysis of selected countries.

Keywords: oreign trade; economic growth; global development; trade policy (search for similar items in EconPapers)
JEL-codes: F13 O47 Q56 R11 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:19-23

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