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The Economic And Legal Framework Of The International Relations: A Conceptual Approach

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  • Assist. Ph.D. Paul – Bogdan Zamfir

    (Constantin Brancusi University, Faculty of Economics and Business Administration, Targu-Jiu, Romania)

Abstract

In practice, at the scale of world economy, reciprocal exchange activities between operators, takes place within an economic-legal determined framework. With regards to the international relationship, the economic and legal framework in the present context of the globalization of the world economy represents the matrix itself of their organization and development on the background of a strong participation of all the states to the world economic channel. An effective use of the legal instruments – which are structural elements of the economic and legal framework of the international relations – represents the sine qua non condition for developing mutually beneficial cooperation between the states.

Suggested Citation

  • Assist. Ph.D. Paul – Bogdan Zamfir, 2009. "The Economic And Legal Framework Of The International Relations: A Conceptual Approach," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13S), pages 134-143, November.
    • Handle: RePEc:aio:rteyej:v:1:y:2009:i:13s:p:134-143
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    References listed on IDEAS

    as
    1. Harry G. Johnson, 1953. "Optimum Tariffs and Retaliation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 21(2), pages 142-153.
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    More about this item

    Keywords

    economic and legal framework; international economic relations; international economic negotiations; free trade; protection; trade agreement; trade treaty;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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