IDEAS home Printed from https://ideas.repec.org/a/khe/journl/v1y2009i1p100-109.html
   My bibliography  Save this article

The Effects of Internalization Process on the EU-27 Foreign Trade

Author

Listed:
  • Octavian-Liviu Olaru
  • Constanta-Aurelia Chitiba

    ("Dimitrie Cantemir" Christian University)

Abstract

The European Union’s trade grew strongly between 2002 and 2007, both with the upswing in world trade taking place after 2003 and with the growing participation of the new Member States on the international stage, some of which simultaneously witnessed rapid internal economic development. Although its international trade in goods grew between 2002 and 2007, the European Union has actually lost weight in world trade, given that the growing reciprocal exchanges of goods between the older EU-15 and those Member States that joined during the course of the 2004 and 2007 enlargements have been “internalized”. What used to be extra-European Union trade has now become part of intra-European Union trade. In 2007, the European Union continues to be the most important exporter at world level and the second importer, just behind the United States.

Suggested Citation

  • Octavian-Liviu Olaru & Constanta-Aurelia Chitiba, 2009. "The Effects of Internalization Process on the EU-27 Foreign Trade," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 1(1), pages 100-109, March.
    • Handle: RePEc:khe:journl:v:1:y:2009:i:1:p:100-109
    as

    Download full text from publisher

    File URL: http://orizonturi.ucdc.ro/arhiva/2009_khe_1_pdf/khe_vol_1_iss_1_100to109.pdf
    Download Restriction: no
    File URL: http://orizonturi.ucdc.ro/arhiva/2009_khe_1_pdf/khe_vol_1_iss_1_100to109.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Export; import; extra European Union trade; intra European Union trade;
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:khe:journl:v:1:y:2009:i:1:p:100-109. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adi Sava (email available below). General contact details of provider: https://edirc.repec.org/data/ffucdro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.