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Theoretical and Applied Economics
No. 5 / 2008 (522)

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

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.

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

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