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Trade Policy in the European Union in the Light of Europe 2020 Strategy

Author

Listed:
  • Constanta Aurelia Chitiba
  • Anca Costea-Dunarintu

Abstract

In the European Union, trade between Member States and trade relations with third parties is an important element in terms of economic development especially in the long term. Increasing wealth and improving living conditions for people depend heavily on trade relations between the EU member states and extra EU, economic growth being closely linked to the manner in which it can be driven and supported by policies implemented in the field. Changes and especially their dynamics in terms of the pressures upon the global economy in the context of globalization of markets and not only cause permanent change of the parameters of business undertakings both at Community level and internationally, in trade relations. The EU responsibilities in local, regional and global areas are significant, the European Union being among the most powerful world economic actors.

Suggested Citation

  • Constanta Aurelia Chitiba & Anca Costea-Dunarintu, 2015. "Trade Policy in the European Union in the Light of Europe 2020 Strategy," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(1), pages 53-55, March.
    • Handle: RePEc:khe:journl:v:7:y:2015:i:1:p:53-55
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    More about this item

    Keywords

    Economy; commercial policy; Europe 2020; commercial relations; member states;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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