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Considerations on Transactions of Foreign Trade

Author

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  • Paliu-Popa Lucia

    (Constantin Brancusi University of Targu Jiu, Faculty of Economics, Romania)

Abstract

In the complex connection process of national economies to global economy flows, an important role has the foreign trade, which in recent decades has become, in the market economy conditions, one of the factors determining for economic growth. Foreign trade, as a separate branch of the national economy is an important factor of economic growth, caused by the internationalization of business and determining for the process of globalization. For Romania, a country still in transition and recent member of the European Union is particularly important to enhance the participation to international trade in goods and services, but also attracting foreign investments in the economy as the main possibilities for the re-industry and restructuring the national economy in order to creation and maintenance of sustainable competitive advantages. Starting from these considerations, in this article I addressed/aproached the theoretical aspects of foreign trade, without omitting intracomunity purchases and deliveries of goods.

Suggested Citation

  • Paliu-Popa Lucia, 2009. "Considerations on Transactions of Foreign Trade," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 285-296, May.
  • Handle: RePEc:cbu:jrnlec:y:2009:v:1:p:285-296
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    File URL: http://www.utgjiu.ro/revista/ec/pdf/2009-01/21_POPA_PALIU_LUCIA.pdf
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    Citations

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    Cited by:

    1. Gabriela Dobrotă & Petruţa-Elena Cumpănaşu, 2011. "Considerations On The Evolution Of Romanian Foreign Trade Under The Impact Of Economic Crisis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 217-222, December.

    More about this item

    Keywords

    domestic economy; global economy; foreign trade; market economy; economic growth; globalisation; goods;
    All these keywords.

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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