Theoretical and Applied Economics
No. 5 / 2007 (510)
The International Trade in Global Economy
Universitatea Ovidius, Constanta
Abstract. The intensification of the globalization of the world economy is the result of the amplification and diversification without precedent of the material, financial and human flows between the world’s states. The international commerce has known in the last period o strong expansion, almost uninterrupted, surpassing the industrial production growth and PIB on a world scale. Among the PIB evolution and the evolution of the world commerce there is a strong relationship of correlation, fact shown by the linear correlation coefficient. The structure on exports of country categories confirms the fact that the process of globalization has been fully completed in the world. Romania, through its achieved economic opening, has boosted its participation to the international economic trades. In this way there is a chance for Romania’s economy in the future to become more competitive, even though in the present our country faces serious problems concerning the strong deficit of the foreign trade balance.
Keywords: global economy; linear correlation coefficient; competitiveness; trade balance; economic opening.
Contents
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R.M. Solow Adjusted Model of Economic Growth
Ion Gh. Rosca
Stelian Stancu
- Multidisciplinary Optimization in Services Management
George Moldoveanu
Octavian Thor Pleter
- IAS 41 Agriculture: Fair Value Accounting
Viorel Lefter
Aureliana Geta Roman
- Structural Instruments – the New Challenge for Romania.
Investment Fields and the Beneficiaries for the Operational Programs 2007-2013
Tatiana Mosteanu
Meral Ibraim
- The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency
Cleopatra Sendroiu
Costantin Roman
- The International Trade in Global Economy
Ion Botescu
- The Stress’ Management and Time Budget
Maria Constantinescu
Cornel Constantinescu