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The Leading Economic Sectors Building Comparative and Competitive Advantages in Romania's Foreign Trade

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Author Info

  • Adriana Giurgiu

    (Universitatea din Oradea)

Abstract

For now on, as a member state of the EU, Romania and the Romanian commercial operators should maximize the foreign trade’s opportunities given by the rich portfolio of free trade agreements of the European Union and try to reorient our exports towards countries where the products of which the structure of our Romanian exports is consisted of hold a comparative and competitive advantage, in order to reduce the Romanian long-term trade balance deficit. Therefore, this paper focuses on finding out the leading sectors with high potential to maintain and consolidate the comparative and competitive advantages of the Romania’s foreign trade.

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Bibliographic Info

Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): 5(522) (2008)
Issue (Month): 5(522) (May)
Pages: 11-44

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Handle: RePEc:agr:journl:v:5(522):y:2008:i:5(522):p:11-44

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Related research

Keywords: Romania’s foreign trade comparative and competitive advantages; foreign trade specialization.;

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Cited by:
  1. Unita Lucian & Straciuc Oreste & Maghiar Teodor Traian & Uivarosan Diana, 2011. "The Production Of Medicines In Romania After 1990. What'S The Reason For Imports?," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 124-130, December.
  2. GIURGIU Adriana, 2009. "The Competitiveness Of The Romanian Exports During The Eu Integration Process," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 310-317, May.
  3. NEGREA Adrian & HATEGAN D.B. Anca, 2010. "The Current Account Deficit And The Fixed Exchange Rate. Adjusting Mechanisms And Models," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 73-77, July.

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